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The Indian rupee opened 8 Paise higher on March 6, supported by a sharp decline in the US dollar index and Brent crude oil prices. The local currency commenced trading at 86.89 against the US dollar, strengthening from its previous close of 86.97 per
Lenovo, a leading global PC manufacturer, is making significant investments in India for manufacturing, exports, research and development, and talent acquisition, particularly in artificial intelligence (AI) and GPU server technologies. Speaking at L
The Indian rupee strengthened on Wednesday, benefiting from a broadly weaker U.S. dollar, as most Asian currencies gained ground amid investor concerns over a slowdown in the U.S. economy and the potential impact of trade tariffs on the world's large
Shares of oil marketing companies (OMCs) continued their upward momentum for the third consecutive session on Wednesday, as a drop in global crude oil prices fueled investor confidence. This positive trend follows the decision by the Organization
The banking system's liquidity deficit significantly declined to ₹20,416.70 crore as of March 4, down from ₹1.1 lakh crore on March 3, as per data from the Reserve Bank of India (RBI). Experts attribute this sharp improvement to inflows resulting
The Securities and Exchange Board of India (SEBI) is reportedly considering easing restrictions on short-selling for most stocks, according to The Economic Times. This potential revision follows concerns raised by the broking industry regarding SE
During his first address of his second term to a joint session of Congress, US President Donald Trump strongly defended his administration's stringent tariff policies. He argued that the United States has long been subjected to high tariffs by severa
Indian government bond yields remained stable on Wednesday after the benchmark bond yield climbed past the 6.75% mark, reaching its highest level in more than six weeks. Market sentiment remained cautious due to the significant debt supply expected i
The growth of India's dominant services sector accelerated in February, fueled by rising domestic and international demand, as new orders increased at a faster rate, according to a private business survey released on Wednesday. The HSBC final Indi
Indian benchmark indices opened on a positive note on March 5, breaking a historic 10-day losing streak for the Nifty. This marked a welcome relief for investors who had seen the markets languishing in recent days. Despite a cautious sentiment prevai
The National Stock Exchange (NSE) has announced a revision in the expiry dates for all Nifty index weekly derivatives contracts. Starting April 4, 2025, the expiry for Nifty weekly Futures & Options (F&O) contracts will shift from Thursday to
Coforge's share price surged over 7% in early trading on Wednesday following the IT firm's announcement of board approval for a stock split and two acquisitions. The company's shares climbed as much as 7.59% to reach ₹7,751.60 per share on the BSE.
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