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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee plunged by 32 paise to 95.57 against the U.S. dollar in early trade on Thursday (June 11, 2026) following a rise in global crude oil prices as hostilities between the U.S. and Iran continued. Heavy FII outflows, weak domestic equity market and…
Read More “Rupee slumps 32 paise to 95.57 against U.S. dollar in early trade” »
A worker poses for a picture with an E85 fuel dispenser machine during the launch of E85 fuel (a blend of 85% ethanol and 15% petrol) at a petrol bunk. Image used for representation purpose only. | Photo Credit: ANI With a potential eye to popularise the uptake of biofuels in the country, the government…
Read More “Higher ethanol blended petrol between 22-30% exempted from central excise duty” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Fresh worries about the West Asia ceasefire and the prospect of a US interest rate hike hit stocks and oil prices on Thursday (June 11, 2026), following a rollercoaster week for markets that has sent shivers through trading floors. Investors took a little heart…
Read More “Stocks drop, oil rises as Iran and rate worries dog traders” »
India’s net FDI has declined sharply despite strong gross inflows, underlining the impact of disinvestment/capital repatriation; an understanding of these trends requires looking beyond aggregate inflow, outflow figures; investor classes, modes of entry, and exit strategies can have important implications for technology transfer, industrial development, and external sustainability Source link
At the interbank foreign exchange market, the rupee opened at 95.52, then touched an intraday high of 95.07 and a low of 95.56 against the U.S. dollar. The rupee finally ended the session at 95.27 (provisional), registering a rise of 14 paise from its previous close. File | Photo Credit: Getty Images The rupee appreciated…
Read More “Rupee rises 14 paise to close at 95.27 against U.S. dollar” »
Bombay Stock Exchange (BSE) in Mumbai, India. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty retreated from their day’s high and ended flat on Wednesday (June 10, 2026) as renewed hostilities between the United States and Iran unsettled investor sentiment. Weak trends in global markets and relentless foreign fund outflows also made investors…
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Industrialist Anil Ambani. File | Photo Credit: Reuters The Bombay High Court (HC) has granted interim protection from prosecution and penalty to industrialist Anil Ambani in an alleged tax evasion case, while admitting his petition challenging the constitutional validity of provisions of the Black Money Act. Mr. Ambani, in his plea, said certain provisions of…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Equity-oriented mutual fund schemes witnessed a net inflow of ₹22,908 crore in May, the lowest level in a year, amid volatile market conditions. The inflow declined 40% from ₹38,440 crore recorded in April, according to data released by the Association of Mutual Funds in India…
Read More “Equity Mutual Funds inflow hit 12-month low of ₹22,908 crore in May” »
xAI and SpaceX did not immediately respond to requests for comment [File] | Photo Credit: REUTERS Elon Musk’s xAI and SpaceX have been sued by Mississippi residents who say a power plant fueling nearby data centres is blasting “omnipresent and inescapable” noise that has eroded their health and home values. The lawsuit, made public on…
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The 50-share NSE Nifty went up by 85.40 points to 23,327.50. File | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty climbed in early trade on Wednesday (June 10, 2026) amid buying in blue-chip stocks Reliance Industries, ICICI Bank and cooling crude oil prices. The 30-share BSE Sensex rallied 303.73 points to 74,222.49 in…
Read More “Stock markets climb in early trade on buying in blue-chips” »