Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (May 5, 2026) amid fresh tensions in the Strait of Hormuz region. The rupee falling to all-time low of 95.40 against U.S. dollar in early trade also added to the weak trend…
A view of the Adani Ports in Visakhapatnam. | Photo Credit: The Hindu A promoter group entity of Adani Ports and Special Economic Zone has divested a 2% stake in the company for ₹7,486 crore through open market transactions, with U.S.-based Capital Group picking up the shares, according to the block deal data available on…
Stock market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (May 6, 2026) following a drop in crude oil prices after U.S. President Donald Trump claimed progress in negotiations with Iran toward an agreement to end the war. A positive trend in global markets also aided the rally in domestic stocks. The…
Forex traders said that with the Indian rupee facing severe pressure, the Reserve Bank of India (RBI) is also actively pursuing a “non-direct” strategy to support the currency. | Photo Credit: Reuters The rupee appreciated 61 paise to close at 94.57 (provisional) against the U.S. dollar on Wednesday (May 6, 2027), as Brent crude prices…
The rupee depreciated 28 paise against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated 28 paise to 94.77 against the U.S. dollar in early trade on Thursday (May 7, 2026) as market sentiment took a dramatic turn after reports emerged that the U.S. and Iran are discussing a 14-point Memorandum of Understanding…
Representative image. File | Photo Credit: The Hindu Essential commodities prices may have gone up by 1.1% in April 2026, according to a research note by Bank of Baroda. Among the three kitchen staples—Tomato, Onion, and Potato (TOP)—the Consumer Price Index is expected to rise. Tomato, for instance, became 35.8% pricier in April 2026…
The rupee depreciated by 45 paise against the U.S. dollar. File | Photo Credit: AP The rupee depreciated 45 paise to 94.67 against the U.S. dollar in early trade on Friday (May 8, 2026), as Brent crude prices rose back to $101.00 per barrel after U.S. and Iranian forces exchanged fire near the Strait of…
Foreign fund outflows and a weak trend in global markets further added to the bearish trend. | Photo Credit: Reuters Equity markets stayed on the back foot for the second day on Friday (May 8, 2026) as fresh geopolitical tensions in West Asia revived concerns over energy supplies and weighed heavily on investor sentiment. Foreign…
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 25 paise to close at 94.47 (provisional) against the U.S. dollar on Friday (May 8, 2026), after rising in the past two sessions, on renewed tensions between the U.S. and Iran over the Strait of Hormuz. Forex traders said investor sentiments…
State-run oil marketing companies (OMCs) have bled an estimated ₹30,000 crore in losses since mid-March as they kept fuel and LPG supplies flowing without raising retail prices despite facing an energy disruption that is bigger than all previous crises combined. Indian Oil Corporation Limited (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited…
