Foreign direct investment from India to the United States was approximately $16.4 billion. File | Photo Credit: Getty Images/iStockphoto Foreign direct investment from India to the United States was approximately $16.4 billion, which supported about 70,800 jobs, a senior U.S. official said. Addressing a CII India Reception on the sidelines of the SelectUSA Investment Summit…
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 2 paise to close at an all-time low of 95.25 (provisional) against the U.S. dollar on Tuesday (May 5, 2026), as investors are retreating from riskier assets amid renewed clashes in the Gulf and targeting of UAE infrastructure, which have reignited supply chain fears. Forex…
From the Sensex firms, ICICI Bank, Eternal, Tech Mahindra, Axis Bank, Bharti Airtel and Larsen & Toubro were among the major laggards Source link
Representational file image. | Photo Credit: Reuters The rupee slid to a record low on Tuesday (May 5, 2026) after U.S.-Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy. The currency weakened to 95.39 per dollar, down 0.3% on the day, eclipsing its…
Bajaj Auto Ltd. reported a 40% jump in total sales in April. File | Photo Credit: Reuters Bajaj Auto Ltd on Monday (May 4, 2026) reported a 40% jump in total sales in April at 5,13,792 units as against 3,65,810 units in the same month last year. Total domestic sales were up 13% at 2,48,210…
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Rupee fell 39 paise to close at an all-time low of 95.23 (provisional) against the U.S. dollar on Monday (May 4, 2026), as the ongoing West Asia tensions are causing volatility in global markets, keeping oil prices high and raising fears of inflation and…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty ended higher on Monday (May 4, 2026), helped by buying in blue-chip stocks and state poll results moving towards an outcome in line with market expectations. The 30-share BSE Sensex climbed 355.90 points or 0.46% to settle…
The rupee depreciated 11 paise against the U.S. dollar on May 4, 2026. The rupee depreciated 11 paise to 94.95 against the U.S. dollar in early trade on Monday (May 4, 2026) as the ongoing tensions in West Asia continue to keep markets on edge. Forex traders said Brent oil is hovering near $108, maintaining pressure…
Last week, I introduced the first layer of Finosis Score, which was primarily about checking the financial pulse and stabilising the position. This week, I want to take you deeper into Layer 2 of the Finosis Score, what I call the ‘deep tissue scan’. Now that we have addressed the basic building blocks such as…
In the recent past, there has been lot of apprehensions on the weakening of our currency, and rightly so. For a perspective on the extent of weakening of INR, over the past few decades, it depreciates on an average 2.5% to 3% per year against the U.S. Dollar. We as a growing economy import a…
