Business

India’s foreign exchange reserves rose by $9.063 billion to $697.121 billion for the week ended April 3, 2026, reversing the decline seen in the previous week, PTI reported.The reserves had dropped by $10.288 billion to $688.058 billion in the week ended March 27.The forex kitty had earlier touched an all-time high of $728.494 billion in…

Benchmark equity indices Sensex and Nifty rallied over 1% on Friday, led by strong buying in banking and financial stocks amid positive global cues and easing concerns around the Middle East situation.The 30-share BSE Sensex surged 918.60 points or 1.20% to settle at 77,550.25, after hitting an intra-day high of 77,622.50. The NSE Nifty climbed…

As women continue to expand their presence in the corporate workforce, their role in managing money is evolving alongside it. In a space traditionally dominated by men, women are increasingly stepping in—investing, evaluating options and engaging with financial advice. Financial decision-making, once seen through a gendered lens, is now emerging as a practical necessity rather…

Image used for representative purposes A fragile ceasefire between the United States and Iran has injected cautious optimism into one of the world’s most strategically sensitive maritime corridors, the Strait of Hormuz. But despite the diplomatic pause, shipping through the waterway still remains constrained, uneven, and heavily conditioned by security considerations.The strait, which connects the…

Gold prices traded lower in futures markets on Friday, tracking weak global cues and softer spot demand.Data from the Multi Commodity Exchange (MCX) showed that the June contract fell by Rs 1,363, or 0.89%, to Rs 1,52,071 per 10 grams, with a business turnover of 2,219 lots. Analysts attributed the decline to subdued global trends….

Jefferies’ global equity strategist Christopher Wood has said that Pakistan’s ongoing equity rally reflects a high-beta, IMF-driven trading opportunity rather than a structural shift, while maintaining that India remains his core long-term investment bet, backed by stronger fundamentals and improving valuations.In his latest GREED & fear newsletter, the India bull said Pakistan’s market offers opportunities…

Following RBI’s restrictions, the rupee has rebounded more than 2 per cent to 92.66 against the dollar as of Thursday. (AI image) The Reserve Bank of India’s move to stem rupee’s fall may end up acting as a deterrent for global investors. The central bank’s most aggressive push in nearly a decade to stabilise the…

Asian shares rallied in early trade on Friday after investors reacted positively to easing geopolitical fears and a modest recovery in global risk sentiment following developments in Middle East peace efforts.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. Japan’s Nikkei 225 added 1.5%, while South Korea’s Kospi climbed 1.9%, leading regional advances. S&P…

Strait of Hormuz (AP image) The Strait of Hormuz, which links the Gulf of Oman with the Persian Gulf, has become the focal point of global energy tensions since the war began on February 28.Ever since Iran and the US announced a two-week ceasefire, traffic through the critical waterway has remained severely restricted, with as…

MUMBAI: Sensex could hit 95,000 points by Dec according to a Morgan Stanley report. They are banking on a handful of tailwinds, which they believe, are set to support a strong bull rally in Indian stocks. The sensex target level has a 50% chance while there’s a 20% probability that it could run past the…