Rupee surges 52 paise to 92.54 against dollar; US-Iran ceasefire, RBI stance lift sentiment

The rupee appreciated 52 paise to close at 92.54 against the US dollar on Wednesday after US President Donald Trump announced a two-week suspension of military strikes against Iran and the Reserve Bank kept policy rates unchanged, PTI reported.Forex traders said investor sentiment improved following Governor Sanjay Malhotra’s assurance that recent forex measures do not…

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Cabinet okays Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh

The Union Cabinet on Wednesday approved investments totalling Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure.The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, cleared the Kamala Hydro Electric Project (1,720 MW) and the Kalai-II Hydro Electric Project (1,200 MW),…

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Stock markets today (April 8, 2026): Nifty50 & Sensex surge nearly 4%-which are the top gainers and losers today? Check stock list

Equity benchmark indices Sensex and Nifty50 surged nearly 4% on Wednesday, tracking a sharp rally in global markets and a steep fall in crude oil prices after the US and Iran announced a two-week ceasefire. The rally was also supported by the Reserve Bank of India’s decision to keep the policy repo rate unchanged, broad-based…

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Jaipur Metro Phase-2: Cabinet approves Rs 13,038 crore project; 41-km corridor to boost connectivity

The Union Cabinet on Wednesday approved Jaipur Metro Phase-2, a 41-km North–South corridor from Prahladpura to Todi Mod with 36 stations, at a total cost of Rs 13,037.66 crore, according to a government statement.The project will be implemented by Rajasthan Metro Rail Corporation Limited (RMRCL), a 50:50 joint venture of the Centre and the Rajasthan…

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Fertiliser support: Cabinet clears Rs 41,534 crore nutrient-based subsidy for Kharif 2026; DAP price kept unchanged

The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…

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