Latest News, Updates & Breaking Headlines
Not very good news coming from Kyoto, Japan! Starting 1st March, 2026, travellers to Kyoto will have to pay extra in the form of accommodation tax. This new change will make overnight stays noticeably more expensive. According to www.city.kyoto.lg.jp, the Japanese city has approved a revision to its stay tax. The change, formally approved by…
The rupee slumped 47 paise to end at 88.69 against the US dollar on Thursday, pressured by a stronger greenback, weak domestic equities, and hawkish commentary from the US Federal Reserve that dented global risk appetite.Traders said the local unit came under sustained pressure through the session amid month-end dollar demand from oil marketing companies…
The Indian rupee edged up by 9 paise to close at 87.93 (provisional) against the US dollar on Monday, supported by foreign fund inflows and softer crude oil prices. Positive domestic equity market sentiment also lent further support, according to forex traders.At the interbank foreign exchange, the rupee opened at 87.94 and traded in a…
The Indian rupee rallied strongly on Wednesday, surging nearly 1% after Reserve Bank of India went on the offensive following weeks of defending the currency, sparking speculation of a likely policy rethink. RBI likely sold dollars both in the offshore and onshore markets, according to people familiar with the matter who declined to be identified…
The Indian rupee fell 13 paise to close at an all-time low of 88.81 against the US dollar on Tuesday, pressured by weak domestic equities and a firm dollar amid global risk-off sentiment, according to market sources.Forex traders said foreign fund outflows amid risk-averse global conditions further dented investor sentiment. However, a drop in crude…
Silver prices soared Rs 6,000 on Tuesday to touch a lifetime high of Rs 1,85,000 per kilogram (inclusive of all taxes), extending their winning streak to the fifth straight session, according to trade data.The white metal had closed at Rs 1,79,000 per kg in the previous session. Traders attributed the sharp rally to strong festive…
In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its…
‘Nayak: The Real Hero’ stars Anil Kapoor as Shivaji Rao, a TV reporter turned Chief Minister of Maharashtra, and Rani Mukerji as Manjari, his love interest. Amrish Puri plays the corrupt Chief Minister Balraj Chauhan. Supporting roles include Paresh Rawal as Bansal, Johnny Lever as Topi, Pooja Batra, Saurabh Shukla, Shivaji Satam, Neena Kulkarni, and…
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex traders said the central bank’s intervention also provided support, although a firm US dollar capped sharper gains.The rupee opened at 88.80 and…
India’s physically backed gold exchange-traded funds (ETFs) recorded their biggest-ever monthly inflow in September, pushing total assets under management to a record $10 billion, according to World Gold Council (WGC) data cited by Reuters. The surge came as investors turned to gold amid weak stock market returns and persistent geopolitical uncertainty.Gold ETFs saw inflows of…
