Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

Falling gobal crude oil prices and weaker US dollar lifted rupee higher in early trade on Monday. The currency traded at a gain of 31 paise against US dollar, while drawing support from foreign fund inflows, higher forex reserves and continued intervention by the Reserve Bank of India (RBI), according to forex traders.Rupee opened at … Read more

Japan, US step in to support yen with rare joint intervention; Tokyo keeps door open for more action

After joining hands in a rare currency market intervention, the US and Japan have left the door open for more coordinated action, with Tokyo saying it is ready to step in again if yen continues to swing.In a statement issued on Monday, Japan’s ministry of finance said it intervened in the foreign exchange market on … Read more

Stock Market Today Live Updates: Where are Nifty50 and Sensex headed? RBI policy, Q1 earnings and crude in focus

Stock market today: RBI policy, earnings and geopolitics in focus Dalal Street is entering a crucial session with several major events expected to influence investor sentiment over the coming sessions. The Reserve Bank of India’s Monetary Policy Committee meeting emerged as the key domestic event, with market participants closely tracking any signals on interest rates … Read more

Oil tumbles over 6% as Trump’s Iran talks revive hopes of easing Middle East tensions

Oil prices tumbled more than 6% on Monday as hopes of a diplomatic breakthrough between the United States and Iran erased part of last month’s rally. However, uncertainty over the negotiations and persistent security risks along key shipping routes has kept investors on edge. As of 7:10 am, WTI crude was down 4.75% at $80.65 … Read more

RBI expected to hold rates on Aug 5

High frequency indicators, including industrial output and GST collections, point to resilient domestic activity. MUMBAI: RBI is expected to leave interest rates unchanged at its monetary policy committee meeting on August 5 as economists see little case for an immediate policy move despite rising inflation risks, with rupee being stable, resilient domestic growth and uncertainty … Read more

China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals

China’s share in India’s foreign direct investment (FDI) approvals remained largely negligible in 2025-26, with the government approving just one proposal worth Rs 1 crore during the year. In comparison, 13 proposals from Hong Kong, together worth Rs 610.42 crore, received approval, according to official data. These approvals fall under India’s investment screening rules for … Read more

India’s deep-sea bet: Centre’s ‘Samudra Manthan’ to churn crude — How it works

Months of turmoil in the Middle East have wrecked global energy supplies, forcing countries to rethink their energy security strategies. India, however, is looking inward. Rather than relying more heavily on imports, the government is betting on finding more oil and gas beneath its own seas by sharing the financial risks of deepwater exploration, an … Read more