Rupee Drops 18 Paise as Dollar Strengthens
The rupee fell by 18 paise to 88.66 against the US dollar on Thursday. This decline came as the US currency’s recovery limited the rupee’s potential gains. Forex traders noted…
Rupee Gains 9 Paise Against US Dollar in Early Trade
The rupee strengthened by 9 paise to 88.51 against the US dollar in early trade on Wednesday. This rise came despite volatile global equity markets affecting investor sentiment. Lower crude…
16th Finance Commission Submits 2026-31 Report to President
The 16th Finance Commission has officially submitted its crucial report for the 2026-31 period. Led by Chairman Dr. Arvind Panagariya, the commission presented its findings to President Droupadi Murmu in…
Supreme Court Hears Sahara Employees’ Salary Pleas
The Supreme Court is set to hear interim pleas from Sahara Group employees seeking unpaid salaries. This hearing, scheduled for Monday, addresses months of delayed payments. A bench led by…
America’s 2025 Fiscal Crisis Explained
America’s 2025 fiscal crisis is far from a routine budgeting dispute. It emerges amid a reinstated debt ceiling and delayed appropriations for the fiscal year. This situation is compounded by…
Daimler India Commercial Vehicles Names New CEO
Daimler Truck’s commercial vehicle business in India is undergoing a leadership transition. Torsten Schmidt, currently Chief Financial Officer of Mercedes-Benz do Brasil, will become the new Managing Director and CEO…
Adani’s Rs 63,000 Crore Energy Boost for Assam
Adani Power and Adani Green Energy have secured Letters of Award from the Assam government for two major projects. These initiatives represent a massive investment of Rs 63,000 crore in…
Adani Group’s Rs 1 Lakh Crore Andhra Investment Plan
The Adani Group has unveiled a massive investment plan for Andhra Pradesh. This commitment totals Rs 1,00,000 crore over the next ten years. The funds will flow into ports, cement,…
RBI Expected to Cut Repo Rate as Inflation Eases
Economists are predicting another repo rate cut by the Reserve Bank of India in the upcoming December monetary policy committee review. This expectation follows a notable easing in inflation, with…
Gold Climbs as Trump Ends Shutdown, Fuels Rate Cut Bets
Gold has surged for the fifth straight session, reaching a peak not seen in over three weeks. This rally is fueled by optimism that the US government’s reopening will revive…