RBI has garnered $136.38 billion through the special dollar swap scheme which it launched in June In May 2026, amid the raging US-Iran war, PM Narendra Modi urged citizens to reduce gold buying, travel abroad and fuel consumption to preserve India’s foreign exchange reserves which had come under pressure due to rupee’s depreciation exacerbated by…
Hrithik Roshan backs filmmaker’s take on audience obsession with stardom over cinema: ‘Somehow we haven’t grown up’ Filmmaker Pratim D Gupta recently shared a long note on Instagram, pointing out how Vijay Sethupathi and Sai Pallavi shooting in Kolkata drew far more attention than Mani Ratnam‘s return to the city or his collaboration with award-winning…
The Reserve Bank is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the Middle East crisis cloud the outlook, according to a poll of economists cited by PTI.Geopolitical tensions, volatile commodity prices and sharp currency movements — with the rupee hitting…
Benchmark equity indices Sensex and Nifty ended lower on Tuesday as renewed geopolitical tensions around the Strait of Hormuz and a record-low rupee weighed on investor sentiment, PTI reported.In a volatile session, the 30-share BSE Sensex fell 251.61 points, or 0.33 per cent, to close at 77,017.79. During the day, it dropped as much as…
MUMBAI: The fragile nature of the West Asia peace talks took its toll on investor sentiment in the markets on Wednesday with a reversal of sensex’s three-session winning run, and the index closed 757 points lower at 78,516 points. Rising crude oil prices didn’t help, and the weakness of the rupee continued to weigh on…
As the ongoing conflict in the Middle East tightens pressure on global energy supply routes, oil giants from UAE and Qatar are turning to unconventional shipping tactics to move its oil and gas out of the Persian Gulf to nations that need energy. Adnoc is navigating one of the world’s most sensitive maritime corridors, the…
For thousands of sailors stranded on nearly 1,600 ships in the Strait of Hormuz, “Project Freedom” turned out to be more of a pit stop than passage. US President Donald Trump’s much-talked-about plan to help commercial vessels cross one of the world’s most dangerous waterways lasted just 48 hours, with only two ships making it…
The rollout of stricter fuel efficiency rules for cars in India could be pushed back. The Centre may defer the implementation of the next phase of Corporate Average Fuel Efficiency (CAFE) norms, commonly referred to as CAFE 3.0, beyond April 2027.The issue has reached the highest levels, with the Prime Minister’s Office holding discussions with…
Rupee tumbled to a record low of 95.40 against US dollar in early trade on Tuesday, falling another 17 paise after already ending the previous session at its weakest-ever closing mark. Previously on Monday, the currency had declined sharply by 39 paise to close at 95.23 against the greenback.This comes as global uncertainty continues to…
The ‘Fast & Furious’ franchise is now gearing up to take over the small screens with all-new TV shows after ruling the theatre screens for over a decade.Leading man and producer, Vin Diesel on Monday, confirmed that four live-action television series set in the high-octane universe are currently in development at NBCUniversal. The announcement was…