Business news

Rupee Slips 11 Paise To 94.27 Against Dollar On US Currency Demand & Rising Oil Prices

Rupee slips 11 paise to 94.27 against US dollar amid oil surge, FII outflows

The Indian rupee depreciated 11 paise to 94.27 against the US dollar in early trade on Monday, extending its fall for the fifth straight session. Persistent dollar demand, rising crude oil prices due to global tensions, and foreign institutional outflows weighed on the currency.

1 day ago

Sensex, Nifty trade higher in early session on global optimism

Sensex traded at 77,121.97, up 0.59 per cent or 457 points in early trade, while Nifty climbed to 24,047, rising 150 points or 0.62 per cent from the previous close, led by buying in realty, pharma, IT, auto, and banking stocks.

1 day ago

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Fed meet, Q4 earnings, US-Iran tensions likely to drive stock market this week

In the coming week, markets are expected to be driven by key global and domestic triggers. The outcome of the Federal Open Market Committee meeting will be closely watched, with expectations that the US Federal Reserve will keep interest rates unchanged.

2 days ago

RBI proposes tighter rules for digital wallets to enhance customer protection

The proposal introduces stricter norms, including a minimum net worth requirement of ₹5 crore for non-bank issuers (rising to ₹15 crore within three years), mandatory escrow accounts for customer funds, and clearer disclosure rules for users.

3 days ago

India's forex reserves rise by $3.2 billion to $696.6 billion

India forex reserves rise to $703.3 billion amid West Asia tensions

Gold reserves continued to strengthen, crossing $122 billion, while Special Drawing Rights (SDRs) and India's reserve position with the IMF also saw modest gains. The RBI had been intervening in currency markets through dollar sales to stabilise the rupee amid capital outflows and volatility.

3 days ago

Gold dips 0.34 pc this week over mild profit booking

Gold prices declined 0.34% خلال the week due to mild profit booking, though they recovered slightly towards the end as buying emerged at lower levels. MCX gold and silver futures posted gains on Friday, even as overall sentiment remained cautious.

3 days ago

Nifty, Sensex trim losses amid last leg buying; defence stocks shine

Indian stock markets fall sharply amid IT rout, West Asia tensions this week

Geopolitical risks, particularly around the Strait of Hormuz, drove oil prices up over 15%, adding pressure on market sentiment. Foreign institutional investors remained net sellers, while strong domestic inflows helped limit deeper losses.

3 days ago

Beyond Volume: Why Reserve Concentration Signals Trust

Binance dominates the 2026 Q1 CEX market, holding $153 billion in reserves and 73.5% of major exchange capital as a primary indicator of institutional and retail trust.

3 days ago

RBI cancels Paytm Payments Bank licence over compliance lapses

Paytm payments bank licence cancelled by RBI over serious governance issues

RBI on Friday said it has cancelled the banking licence issued to Paytm Payments Bank Limited. With this, Paytm Payments Bank has been officially barred from conducting any banking business, following years of regulatory friction and persistent non-compliance.

4 days ago

Sensex falls 983 points, Nifty slips below 24,000 as oil spike hits sentiment

The Sensex dropped 982.71 points, or 1.27 per cent, to close at 76,681.29, while the Nifty declined 275.10 points, or 1.14 per cent, to settle at 23,897.95.

4 days ago

Adani Green Energy's Q4 profit jumps 34 pc, capacity expansion fuels growth

Adani Green Energy reported a strong Q4 FY26 performance, with net profit rising 34% year-on-year to ₹514 crore, supported by steady revenue growth and robust EBITDA. The company delivered solid operational results, driven by significant expansion in renewable energy capacity and higher power generation.

4 days ago

FM Sitharaman warns of 'unprecedented' risks from Anthropic's Mythos AI, says banks must stay vigilant

Banks have been asked to collaborate under the guidance of the Indian Banks' Association to strengthen preparedness. Sitharaman also highlighted India's strong fiscal position, noting it gives the Reserve Bank of India flexibility in policymaking amid global uncertainties.

4 days ago

Govt Releases List Of 15 Banks Authorised To Import Gold, Silver

Gold and silver prices slip nearly 1 pc amid geopolitical tensions

The decline is attributed to a stronger US dollar, rising bond yields, and ongoing geopolitical tensions in the Middle East. Additionally, crude oil prices—especially Brent crude—moving above $100 per barrel have heightened inflation concerns, further weighing on precious metals.

4 days ago

Sensex, Nifty trade lower in early deals, IT and pharma stocks under pressure

Sensex was trading at 77,263, down 0.51 per cent or 400 points, while Nifty was down 0.41 per cent, or 100 points, in early trade amid panic selling in IT, financial and pharma stocks. However, support was seen in FMCG and chemical scrips.

4 days ago

Indians stock markets fall for 2nd day over West Asia tensions

The Sensex dropped 852 points to close at 77,664, while the Nifty fell 205 points to settle at 24,173, with heavy selling in auto, banking, IT, and realty stocks.

5 days ago