Rupee has spent months reacting to every twist in the Middle East conflict and every jump in global crude oil prices. But analysts now believe that the currency could be entering a more stable phase, with no sharp depreciation expected ahead of the Reserve Bank of India‘s (RBI) Monetary Policy Committee (MPC) meeting in August….
The Reserve Bank of India‘s concessional swap facility could attract $80-85 billion in foreign currency inflows, led by strong Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, according to an SBI research report released on Monday.The report, Ecowrap, said the RBI’s swap scheme has already brought in nearly $20 billion in inflows by July 17, providing a…
Stock Market Today Live Updates: Market benchmark indices Sensex and Nifty rebounded in early trade on Monday following a sharp decline in crude oil prices amid easing tensions in the West Asia. The 30-share BSE Sensex jumped 566 points to 76,608.66 in early trade. The 50-share NSE Nifty surged 153.60 points to 23,923.30. Brent crude,…
A 10% US tariff sounds like a win for India’s textile exporters, but there’s a catch. India’s textile and apparel sector could still come under pressure in the US market, even though the country has escaped the steeper tariffs imposed on several competing exporters. Although the country faces a lighter Section 301 tariff than several…
CXMT is China’s leading producer of dynamic random-access memory (DRAM) chips. (Reuters photo) A Chinese company has just debuted on the stock market with a 500% gain after raising a record number in Asia’s biggest public offering so far this year. Meet China’s CXMT – it’s the country’s most valuable listed company – a chipmaker…
Before the war, Russian oil was available at discounts of around $2 per barrel. Russian oil which remained the mainstay of India’s crude procurement strategy since the US-Iran conflict began has swung from being available at high premiums to discounts and back at premiums again as the Middle East conflict situation has evolved.The conflict in…
Stock market recommendations: Hindustan Aeronautics Ltd (HAL), and United Spirits Ltd have been identified by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy this week starting July 27, 2026. He has also shared his views on Nifty and Bank Nifty: Stock recommendations: Hindustan Aeronautics LtdHAL has delivered…
Top stocks to buy this week Stock market recommendations: Federal Bank, and TVS Motors – Motilal Oswal Wealth Management Research Desk has recommended these two stocks as the top stock picks for the July 27, 2026 week: NAME CMP (Rs) TP (Rs) Upside (%) Federal Bank 354 400 13% TVS Motors 3869 4,470 16% Federal…
NEW DELHI: Coming month is likely to witness an IPO rush with more than a dozen companies, including Zepto, Truhome Finance and logistics platform Shiprocket, gearing up to launch their initial share-sale. The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS)…
MUMBAI: When SBI Life launched operations with the country’s first bancassurance-led business model, it was powered by its JV partner BNP Paribas’ insurance arm Cardif. Now the French insurer’s aim is to replicate the same model in IndiaFirst Life Insurance through its partners Bank of Baroda and Union Bank.Last weekend, BNP Paribas Cardif entered into…