Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 86.88 against the U.S. dollar in early trade on Tuesday (July 29, 2025) as month-end dollar demand and sustained foreign fund outflows weighed on the local unit. Forex traders said the domestic unit traded with a negative bias as…
European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU. File | Photo Credit: Reuters The dollar gained against major currencies, including the euro and yen, on Monday (July 29, 2025), with sentiment lifted by a trade agreement between the…
From the Sensex firms, Kotak Mahindra Bank tumbled 7.31% after the company reported a consolidated net profit of ₹4,472 crore for the June quarter. File | Photo Credit: AP Stock markets declined for the third day on Monday (July 28, 2025), with benchmark indices Sensex and Nifty tumbling nearly 1% following heavy selling in Kotak…
A view of the headquarters of Tata Consultancy Services (TCS) in Mumbai. | Photo Credit: Reuters Shares of Tata Consultancy Services (TCS) declined nearly 2% on Monday (July 28, 2025) after the company announced that it will lay off about 12,000 employees of its global workforce this year. The stock dipped 1.69% to ₹3,081.20 on…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early deals on Monday (July 28, 2025) dragged down by heavy selling pressure in Kotak Mahindra Bank and uncertainty related to the India-US trade deal. Persistent foreign fund outflows and weak trends in Asian…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 9 paise to 86.43 against the U.S. dollar in early trade on Monday (July 28, 2025), tracking a softer greenback, though the upside for the local unit was limited as US-India tariff negotiations remained in focus. Forex traders said the rupee was…
“The valuation of Reliance Industries tumbled ₹1,14,687.7 crore to ₹18,83,855.52 crore,” the most among the top-10 firms. | Photo Credit: Reuters The combined market valuation of six of the ten most valued firms diminished by ₹2.22 lakh crore last week, with Reliance Industries taking the biggest hit, in-line with a bearish trend in equities. Last…
Image for representation only | Photo Credit: Reuters The rupee gave up its gains and settled for the day lower by 2 paise at 86.07 (provisional) against the US dollar on Wednesday, on recovery in global crude oil prices and the U.S. Dollar index. A strong show in the domestic equity markets prevented steep losses…
People gather inside the National Stock Exchange (NSE) in Mumbai. File. | Photo Credit: Reuters The National Stock Exchange of India has offered to pay the country’s markets regulator ₹13.88 billion ($160 million) to settle a legal dispute so it can proceed with a long-delayed initial public offering, three sources said. The sum is set…
Photo used for representation purpose only. | Photo Credit: Reuters The rupee gained 21 paise to 85.87 against the U.S. dollar in early trade on Thursday (June 26, 2025), mainly due to a weakened greenback in the global markets. However, a rise in global crude oil prices and FII outflows prevented sharp gains in the…
