Daily Republic News
- Business
- May 6, 2026
Rupee Rebounds: Indian Currency Snaps 5-Day Losing Streak as Brent Crude Eases on Peace Hopes
The Indian rupee climbed 23 paise in early trade on Wednesday, pulling back from record lows as a sharp drop in global oil prices gave domestic markets a breather.The rupee opened at 95.00 against the U.S. dollar and quickly strengthened to 94.95. This marks a significant turn af Read More
- Business
- May 6, 2026
MoSPI Launches India’s First-Ever National Household Income Survey to Map Earnings of 4.5 Lakh Families
The Government of India has launched its first-ever official nationwide survey dedicated to measuring household income.The National Household Income Survey (NHIS) 2026, conducted by the National Statistical Office (NSO) under MoSPI, began its field operations this April. The surv Read More
- Business
- May 6, 2026
Sensex Gains 300 Points, Nifty Hits 24,134 as Trump’s Iran Peace Signals Drive Oil Prices Lower
The Indian equity markets maintained their upward momentum on Wednesday. By mid-morning, the BSE Sensex rose nearly 300 points to 77,315, while the Nifty 50 comfortably held above the 24,100 mark. The “risk-on” sentiment returned to Dalal Street after a period of high volatility. Read More
- Business
- May 6, 2026
India-US Trade Deal Likely To Conclude Before July, Trump’s Emergency Measures Delaying Negotiations
The highly anticipated interim trade deal between India and the United States is likely to be concluded before the end of July. However, the final signature remains entangled in emergency measures and ongoing legal shifts in Washington.Speaking exclusively to Republic Media Netwo Read More
- Business
- May 5, 2026
Why Indian Investors are Flocking to Tata Tech and Exide Amidst FII Sell-off
The Indian equity market is currently navigating a period of intense institutional divergence. While Foreign Institutional Investors (FIIs) have triggered a record ₹1.92 lakh crore sell-off, hitting large-cap banking and IT sectors.Stocks like Tata Technologies and Exide Industri Read More
- Business
- May 5, 2026
Oil at $108: Will Trump’s ‘Project Freedom’ Save India or Push the Rupee to 98 Per Dollar?
U.S. President Donald Trump’s “Project Freedom” was supposed to be the ultimate relief valve for global energy. By using the U.S. Navy to escort tankers out of a blocked Strait of Hormuz, the mission intended to flood the market with oil.Instead, the mission has turned the world’ Read More
- Business
- May 5, 2026
Indian Banking Sector Faces ‘Structural Profitability Squeeze’ Amid Rising Costs And Credit Risks: Mckinsey
India’s banking sector, after a period of strong profitability and balance sheet improvement, is entering a more complex phase marked by emerging structural pressures, according to a report by McKinsey & Company.The report, titled “Indian Banks: Navigating through the turbulence, Read More
- Business
- May 5, 2026
India’s Weightage In MSCI Falls To Covid Levels
India’s weightage in the MSCI Emerging Markets Index has slipped nearly to the Covid-19 induced pandemic period, dipping to the fourth spot from second position last year amid diversion of global outflows towards AI driven markets such as Taiwan.Meanwhile, the South Asian country Read More
- Business
- May 5, 2026
Who is Claire Mazumdar? The 37-Year-Old Successor Of Biocon’s Kiran Mazumdar-Shaw
Considered as one of India’s richest women and Chairperson of Biocon, Kiran Mazumdar Shaw, has signalled that her succession plan involves her niece Claire Mazumdar as part of the way ahead to solidify future leadership.”Claire will transition into my role at the right time so no Read More
- Business
- May 5, 2026
SEBI Proposes Allowing Online Bond Platforms to Offer IFSCA-Regulated Debt & GIFT City Products
Indian markets regulator SEBI on Tuesday proposed allowing online bond platforms to offer products regulated by the country’s international financial centres authority, a move aimed at broadening access to overseas-listed debt and bolstering Gujarat’s GIFT City as a global financ Read More
