Bank Stocks Fall After Central Bank Intensifies Crackdown On Rupee Speculation
The banking stocks dropped on Thursday after the central bank intensified its crackdown on speculative activity in the rupee by targeting corporate arbitrage, requiring lenders to close contracts in open markets by removing leeway to sell to corporates.The Nifty Bank index slid 2 Read More
Centre Removes Import Duty On 41 Items Till June 30: Check Entire List Here
The centre has introduced an entire list of goods, which will be exempted from custom duty, to maintain stable supply of critical petrochemical products in amid the ongoing West Asia conflict.This exemption will remain in force effect till June 30 to support industries that depen Read More
Rupee’s Move: Currency Surges 1.3% to 93.53 as RBI Cracks Down on Speculators Amid Iran War
The Indian rupee recovered on Thursday, opening 1.3% higher at 93.53 against the US dollar. The surge marks the currency’s strongest single-day performance in over 12 years, triggered by aggressive new intervention measures from the Reserve Bank of India (RBI). Despite global hea Read More
Stock Market Opening Bell: Sensex Declines 1,400 Pts; Nifty Crashes Below 22,300
Stock Market Today: The Indian stock market opened sharply lower on Thursday, following losses in global markets, after US President Donald Trump said that the war in Iran could intensify over the next two to three weeks.The domestic benchmark indices rang in red, declining 1.19% Read More
BREAKING: Big Relief, Govt Waives Customs Duty On Key Petrochemicals: Know More
In a move to cushion domestic industries from global supply disruptions, the Government on Wednesday announced a full customs duty exemption on select critical petrochemical products in view of the ongoing conflict in West Asia.According to an official statement, the exemption wi Read More
Oil Rises And Asian Stocks Fall After Trump Says US Will Hit Iran Hard And ‘finish The Job’
Oil rose more than 4% and Asian stocks fell after U.S. President Donald Trump said in his first national address since the Iran war began that the U.S. will continue to hit Iran very hard.Trump also said in his Wednesday night speech that the United States will “finish the job” i Read More
IndiGo Hikes Fuel Surcharge On Airfares To Up To Rs 10,000 From April 2; Ticket Prices Set To Rise
New Delhi: IndiGo on Wednesday announced that it will hike fuel surcharge on airfares to up to Rs 10,000 from April 2, thereby increasing the prices of tickets. The new charges are set to range from Rs 275 to Rs 10,000 depending on the route and distance of the travel.The surchar Read More
IndiGo Set To Revise Fuel Charges On All Routes For New Bookings From This Date
The low-cost passenger carrier IndiGo is set to revise fuel charges on domestic and international routes for all new bookings made after 00:01 hours on April 2.This price hike comes amid revised fuel charges due to surging air turbine fuel (ATF) costs. (This is a developing story Read More
Oracle Layoffs: No Heads-Up, No Severance – What Went Awry?
Amid surge in AI-linked expenditure, the Texas-headquartered tech major Oracle has initiated the one of the largest downsizing, including handing the pink slip to nearly 12,000 employees in India.However, the shock as several employees impacted by the layoff move noted was the no Read More
Wipro Appoints Nagendra Bandaru As AI CEO
India’s IT services major Wipro on Wednesday, April 1, announced insider Nagendra Bandaru as the CEO of its AI segment.According to the company’s exchange filing, “Nagendra Bandaru, who is currently the President and Managing Partner of Technology Services Global Business Lines ( Read More















