Daily Republic News
- Business
- May 12, 2026
Indian Rupee Crashes to Fresh Record Low of 95.32 Against US Dollar as Oil Prices Surge to $105
The Indian Rupee plummeted to a new record low on Tuesday morning. The local currency struggled against a surging US Dollar and a sharp spike in global energy costs.Rupee (INR) opened at 95.10 and quickly slid to a fresh lifetime low of 95.32 against the US Dollar. This marks a s Read More
- Business
- May 12, 2026
Oil Prices Surge to $105 as Fragile US-Iran Ceasefire Weakens and Strait of Hormuz Stays Blocked
Global oil prices climbed sharply on Tuesday morning, which left the investors increasingly worried that the fragile peace in West Asia is about to shatter.Brent crude futures for July delivery rose to $105.14 per barrel. Meanwhile, US West Texas Intermediate (WTI) hovered near $ Read More
- Business
- May 12, 2026
Sensex Crashes 700 Points, Nifty Slips Below 23,650 as Rising Crude and FPI Selling Spook Markets
Indian equity markets witnessed a bloodbath in early trade on Tuesday. Investors reacted sharply to a perfect storm of rising energy costs and persistent capital outflows.The BSE Sensex plunged 711.86 points, or 0.94%, to 75,303.42 by 10:00 IST. The Nifty 50 followed suit, droppi Read More
- Business
- May 11, 2026
Dua Lipa Vs Samsung: Pop Icon Files $15 Million Lawsuit Against Samsung – Check Key Details
Singer-songwriter Dua Lipa has a $15 million lawsuit against electronics giant Samsung, alleging that the company used her image on television packaging without authorisation.According to The Hollywood Reporter, the lawsuit was filed on Friday in the Central District of Californi Read More
- Business
- May 11, 2026
Bond Markets on Edge: Will 10-Year Yields Break the 7% Barrier as Crude Stays Elevated?
The Indian rupee and government bonds will remain sensitive to developments in the U.S.-Iran war, which has shaped the global macroeconomic outlook for more than two months and kept volatility levels elevated.The rupee closed at 94.48 last week, managing to rise 0.4% week-on-week Read More
- Business
- May 11, 2026
Agrocorp Enters National Second-Home Market with ‘Vacation Village’ Launch IN Chikkamagaluru
Vacation Village Chikkamagaluru is positioned as a plotted community where architecture meets nature. Designed around a Neo-Classical theme, the project ensures visual uniformity and low density. Buyers can purchase residential plots and utilize Agrocorp’s construction services t Read More
- Business
- May 11, 2026
Defending the ₹95 Rupee: Why Experts See PM Modi’s ‘Austerity’ Appeal as a Buffer for India’s Forex
Indian equity markets are grappling with a complex policy-driven correction as investors digest a rare direct intervention from Prime Minister Narendra Modi. By urging a voluntary pivot toward “economic self-defense,” the PM has triggered a significant re-evaluation of India’s ne Read More
- Business
- May 11, 2026
No Immediate Curbs On Overseas Spending Or Gold Import Amid Forex Concerns
Amid concerns over India’s rising import bill and pressure on foreign exchange reserves, government sources on Monday clarified that there are currently no plans to impose restrictions on the use of international cards or raise import duties on precious metals, even as Prime Mini Read More
- Business
- May 11, 2026
RBI Deputy Governor Reveals The Path To A High-Income India By 2047
India’s ambition to achieve high-income status by 2047 will depend less on national-level macro policy alone and more on how effectively states craft and execute growth strategies tailored to their local strengths, the Reserve Bank of India’s Deputy Governor Poonam Gupta said in Read More
- Business
- May 11, 2026
VB-G RAM G Set To Replace MGNREGA From July 1 – Check Key Details
The central government on Monday, May 11, notified that the Viksit Bharat–Guarantee for Employment and Livelihood Mission (Rural), or VB–G RAM G Act will replace MGNREGA from July 1, 2026.The new job guarantee scheme is expected to bolster rural employment and infrastructure deve Read More
