Business

Rupee falls below 90/$ 1st time as US tariffs, FII flows take toll

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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, ...

India to lead global sales: Scotch Whisky Association

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India’s Thirst for Scotch: More Than Just a Dram India’s relationship with Scotch whisky is evolving from a casual acquaintance to a passionate affair, and ...

FPIs net sell nearly $1 billion stocks in 3 days this month

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Why Are Foreign Investors Pulling Back From Indian Stocks? A Look at the Recent Outflows The Indian stock market, usually a vibrant and bustling arena, ...

Cable security agenda: Indo-EU team to assess risks; cooperation on critical infrastructure on summit table

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India and the European Union are set to hold detailed discussions on bolstering the security and resilience of undersea cables in the Indian Ocean. This ...

SWAGAT-FI: Sebi unveils single-window gateway for low risk foreign investors; framework aims to cut compliance load

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Swagat Fi: Rolling Out the Red Carpet for Foreign Investors in India Imagine navigating a complex maze of regulations just to get started on a ...

‘Strong wicket’: Piyush Goyal says November exports show healthy rise; merchandise trade picks up after October slump

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India’s exports rebounded strongly in November, surpassing October’s decline and indicating renewed momentum despite global economic uncertainty. Minister Piyush Goyal highlighted this recovery, alongside ongoing ...

‘Outdated base year’: FM Sitharaman explains IMF’s ‘C’ grade on national accounts; says GDP growth figures not questioned

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Finance Minister Nirmala Sitharaman clarified that the IMF did not question India’s growth figures, attributing the ‘C’ grade on national accounts to an outdated base ...

EU rare earth push: Brussels rolls out €3-bn plan to slash China dependence; new supply hub and export curbs in pipeline

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The European Union is launching a major plan to lessen its reliance on China for rare earths. This strategy involves increasing mining, refining, and recycling ...

US markets today: Wall Street drifts near record highs as Marvell jumps; Macy’s sinks on high expectations

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Wall Street saw mixed trading as corporate earnings presented a varied picture. While Marvell Technology and American Eagle Outfitters posted strong results, Macy’s and CrowdStrike ...

Rupee slide: Uday Kotak links breach of 90-mark to foreign selling; is domestic buying enough to stem the fall?

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Veteran banker Uday Kotak points to persistent foreign selling by FPIs and PE funds as the primary driver behind the rupee’s sharp fall past 90 ...