Rupee rebounds as RBI support, softer dollar offer relief; ends day at 89.96 per USD
The rupee recovered from its record low, closing at 89.96 against the US dollar after a softer dollar index and reported RBI intervention. Despite initial ...
Budget 2026: STMAI urges PLI scheme for seamless pipe exports; calls for higher customs duty
The Seamless Tube Manufacturers’ Association of India (STMAI) has urged the government to implement a 10% production-linked incentive on exports and increase customs duty on ...
Turbulent times: Airbus struggles with setbacks across fleet; Boeing stages comeback, exposes industry contrast
Airbus faces renewed supply chain challenges, forcing a cut to its aircraft delivery target due to out-of-specification panels from a Spanish supplier. This follows a ...
‘Cartel-like behaviour’: FIP issues letter flagging IndiGo’s ‘hiring freeze’; urges DGCA to act amid widespread flight cancellations
Indian pilots’ body accuses IndiGo of a hiring freeze and poor planning, leading to flight cancellations and delays. Despite a two-year window for new flight ...
Saudi Arabia now allows direct license conversion for nationals from 48 countries: See if you’re eligible
Foreign residents in Saudi Arabia can drive with their foreign license for up to one year. After that, they must either convert their license or ...
Fallout of rupee breaching 90 mark: Get ready to pay higher for consumer goods; here’s what may become costlier
A depreciating rupee beyond Rs 90 against the US dollar is poised to trigger price hikes across consumer electronics, beauty products, and automobiles. This could ...
Stock market today: Nifty50 opens below 26,000; BSE Sensex down around 100 points
Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Thursday. While Nifty50 was below 26,000, BSE Sensex was down ...
Rupee hits another low! Currency slumps to 90.43 against US dollar; what it means
The Indian rupee hit a record low of 90.43 against the US dollar, marking its fastest decline in under a year. This depreciation is driven ...
‘Challenge to our system’: Malaysia cracks down on illegal Bitcoin mining; power theft losses reach $1.1 billion
Malaysia is intensifying its crackdown on illegal Bitcoin mining, uncovering thousands of illicit sites and billions in power theft losses. A new cross-agency taskforce is ...
Rupee falls below 90/$ 1st time as US tariffs, FII flows take toll
The Indian rupee plunged to a historic low of 90.29 against the US dollar, breaching the 90 mark for the first time. This sharp decline, ...
