The rupee plunged to a historic low on Wednesday, slipping past the 90-per-dollar threshold for the first time amid foreign fund outflows, firm crude oil prices and uncertainty around the India–US trade deal, according to PTI. The lack of visible RBI intervention through most of the session added to market pressure, forex traders said.At the…
India’s exports to the United States have dropped sharply over the last five months after the US increased import tariffs on Indian goods, doubling them from 25% to 50%. A report by the Global Trade Research Initiative (GTRI) shows that exports fell 28.5%, from $8.83 billion in May 2025 to $6.31 billion in October 2025….
India’s services sector regained momentum in November as firms reported a quicker rise in new business and only mild price pressures, helping the industry rebound after losing pace in October, according to PTI. The latest HSBC India Services PMI survey showed a broad improvement in operating conditions, supported by stronger domestic demand.The seasonally adjusted HSBC…
The unprecedented decline in the rupee’s value against the US dollar contributed to the increased precious metal prices. (AI image) Silver price today: Silver prices continued to rally on Wednesday, with the precious metal hitting a new high of Rs 1,84,727 per kilogram. This is an increase of Rs 3,126, whilst gold futures climbed to…
If you want to own stocks at all, make sure they are the kind of businesses you’d be happy to still own 10 years from today. (AI image) Once you decide that you do want a small stock portfolio, the next question is obvious: “Okay, but what do I actually buy?” Most investors start in…
Nifty might be in for a roller coaster ride in 2026 as several projections have forecasted an upside of over 10% for the index. Nomura pegged the NSE benchmark Nifty at 29,300 for the next year, a level that signals almost 13% upside from Tuesday’s closing mark of 26,032.20, when the index slipped 144 points,…
Flight operations across several airports were disrupted on Wednesday morning after check-in systems unexpectedly stopped working, prompting airlines to fall back on manual procedures and slowing down departures. A source confirmed to PTI that a system outage affected airport check-in platforms simultaneously at multiple locations. The individual added that the disruption has already resulted in…
Asian equities traded mixed on Wednesday as global traders took their cue from another rally on Wall Street, although the enthusiasm remained limited ahead of crucial US economic data and next week’s Federal Reserve meeting.Hong Kong’s HSI was down 252 points or 0.97% to reach 25,842. Shenzhen and Shanghai also traded in red, down 0.09%…
Online shopping platform Meesho is set to open for subscription on Wednesday, attracting investors with a solid grey market premium. The excitement has been fuelled by positive commentary from analysts.The company is targeting proceeds of Rs 5,421 crore from the IPO, which will remain open until 5 December. The price band has been set between…
The RBI’s three-day monetary policy committee meeting opens in Mumbai on Wednesday, marking the start of the central bank’s latest policy review. Over the course of the discussions, members of the six-member panel is set to hold discussions on how the central bank should navigate policy, in accordance with the newest growth and inflation readings….
