RBI rate-setting panel starts deliberations amid West Asia crisis; decision on Wednesday

Reserve Bank Governor Sanjay Malhotra, head of the six-member Monetary Policy Committee (MPC). File | Photo Credit: Reuters The Reserve Bank’s rate-setting panel on Monday (April 6, 2026) started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year amid expectations of a status quo on the benchmark lending rate in…

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USD to INR: Rupee ends little changed, hemmed in by position unwinding, importer hedging

Representative image. | Photo Credit: Getty Images/iStockphoto The Indian rupee closed nearly unchanged on Monday (April 6, 2026), wedged between dollar ​sales spurred by the unwinding of arbitrage positions and importers’ hedging demand amid ‌swirling risks from the Iran war. The rupee closed ​at 93.06 against the dollar, after closing at ⁠93.10 in the previous…

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Stock market updates: Sensex jumps 787 points; Nifty nears 23k level on softening crude oil prices

Benchmark indices Sensex and Nifty staged a sharp rebound on Monday (April 6, 2026) after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war. Intense buying in banking and IT stocks, and a strengthening rupee, supported investor sentiment, traders said. Follow |…

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