Tag
India's Nifty 50 and BSE Sensex closed the week higher, marking their longest weekly winning streak in seven months. Falling crude oil prices, rupee-support measures, and the RBI's no-hike signal fuelled gains, with pharma and financial stocks leading.
The Indian rupee hit a record low of 95.63 against the dollar, making it Asia's worst-performing major currency in 2026. A nearly 5% slide since the Iran war began on February 28 is being driven by higher oil import costs and accelerating foreign capital outflows.
The Indian rupee gained on Friday after Reuters reported the Reserve Bank of India instructed state-run oil companies to curtail dollar purchases, reducing a key source of currency demand pressure. The move extends a two-week series of RBI measures that have narrowed the rupee's underperformance against Asian peers.
The Indian rupee closed slightly higher Thursday as optimism over a potential Iran peace deal pushed oil below $100 a barrel and drove global equities to record highs. Lower crude prices reduce India's import burden, directly supporting the rupee. Progress on a formal Iran agreement remains the critical near-term catal
The Reserve Bank of India has told state-run oil refiners to use a dedicated credit line for dollar purchases instead of buying on the spot market. The directive removes a major, recurring source of dollar demand from open trading, directly reducing depreciation pressure on the rupee. The RBI used comparable measures d
Indian government bonds are set to extend gains Thursday as oil prices hold steady and sentiment improves on U.S.-Iran peace deal optimism. Stable or falling crude directly benefits India's current account and reduces inflation risk, supporting bond valuations. Traders will monitor any firm developments from U.S.-Iran
The RBI is consulting commercial banks on measures to attract more stable deposits as household savings migrate to equities and mutual funds. Deposit growth lagging loan expansion has elevated credit-deposit ratios and increased funding costs across the banking system. The consultation's outcome could reshape deposit p
Tag
India's Nifty 50 and BSE Sensex closed the week higher, marking their longest weekly winning streak in seven months. Falling crude oil prices, rupee-support measures, and the RBI's no-hike signal fuelled gains, with pharma and financial stocks leading.
2d ago · 3 min · Markets
The Indian rupee hit a record low of 95.63 against the dollar, making it Asia's worst-performing major currency in 2026. A nearly 5% slide since the Iran war began on February 28 is being driven by higher oil import costs and accelerating foreign capital outflows.
1mo ago · 3 min · Markets
The Indian rupee gained on Friday after Reuters reported the Reserve Bank of India instructed state-run oil companies to curtail dollar purchases, reducing a key source of currency demand pressure. The move extends a two-week series of RBI measures that have narrowed the rupee's underperformance against Asian peers.
2mo ago · 1 min · Markets
The Indian rupee closed slightly higher Thursday as optimism over a potential Iran peace deal pushed oil below $100 a barrel and drove global equities to record highs. Lower crude prices reduce India's import burden, directly supporting the rupee. Progress on a formal Iran agreement remains the critical near-term catal
2mo ago · 1 min · Markets
The Reserve Bank of India has told state-run oil refiners to use a dedicated credit line for dollar purchases instead of buying on the spot market. The directive removes a major, recurring source of dollar demand from open trading, directly reducing depreciation pressure on the rupee. The RBI used comparable measures d
2mo ago · 1 min · Economy
Indian government bonds are set to extend gains Thursday as oil prices hold steady and sentiment improves on U.S.-Iran peace deal optimism. Stable or falling crude directly benefits India's current account and reduces inflation risk, supporting bond valuations. Traders will monitor any firm developments from U.S.-Iran
2mo ago · 1 min · Markets
The RBI is consulting commercial banks on measures to attract more stable deposits as household savings migrate to equities and mutual funds. Deposit growth lagging loan expansion has elevated credit-deposit ratios and increased funding costs across the banking system. The consultation's outcome could reshape deposit p
2mo ago · 1 min · Policy & Government
— End of feed —