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Representative image | Photo Credit: Reuters The rupee slipped 1 paisa to close at 89.23 (provisional) against the U.S. dollar in a range-bound trade on Wednesday (November 26, 2025), as firm domestic equities and a slide in global crude prices offset the impact of a strengthening greenback. Foreign fund outflows and concerns over geopolitical developments…
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Union Minister Ashwini Vaishnaw during Cabinet decision briefing on November 26, 2025. Photo: YouTube/PIB India The Union Cabinet on Wednesday (November 26, 2025) approved the ‘Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets’ with a financial outlay of ₹7,280 crore. At present, India’s demand for REPMs is met primarily through imports. “This first-of-its-kind…
Union Minister of Civil Aviation K. Ram Mohan Naidu File | Photo Credit: V. Raju “India’s aircraft Maintenance, Repair and Overhaul (MRO) market is projected to be worth $4 billion by 2031 providing unprecedented opportunities,” Civil Aviation Minister K. Ram Mohan Naidu said on Wednesday (November 26, 2025). Speaking at the inauguration of French major…
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Representational image of the Bombay Stock Exchange (BSE) building in Mumbai | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday after three days of decline, in tandem with a rally in global peers and fresh foreign fund inflows. The 30-share BSE Sensex climbed 307.93 points to 84,894.94…
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File photo of the Securities and Exchange Board of India (SEBI) headquarters in Mumbai. | Photo Credit: The Hindu Markets regulator SEBI on Monday (November 24, 2025) proposed a review of the facility for ‘Basic Services Demat Account’ (BSDA) to improve financial inclusion, suggesting that Zero Coupon Zero Principal (ZCZP) bonds should be excluded from…
Image used for representational purposes only. File | Photo Credit: Reuters Stock markets closed lower for the third consecutive session on Tuesday (November 25, 2025) with the benchmark Sensex sliding nearly 314 points due to selling in IT and auto shares as foreign fund outflows dampened investor sentiment. In a volatile trade, the 30-share BSE…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled 4 paise lower at 89.20 (provisional) against the greenback on Tuesday (November 25, 2025), weighed down by negative cues from domestic equity markets. Falling crude oil prices supported the Indian currency at lower level, however, withdrawal of foreign…
Read More “Rupee settles 4 paise lower at 89.20 against U.S. dollar” »
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Magnifying glass with the letters FDI on the background of stacks of coins. Business concept | Photo Credit: Getty Images/iStockphoto More investment left the country than entered it for the second month in a row in September, with latest data from the Reserve Bank of India showing net foreign direct investment (FDI) stood at -$2.4…
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