Rupee Surges 50 Paise After RBI Eases Investment Rules for Foreign Investors
Rupee strengthens 50 paise to 95.24/$ after RBI eases FPI, NRI investment norms and keeps repo rate at 5.25%. GDP growth estimate cut to 6.6%.
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Rupee strengthens 50 paise to 95.24/$ after RBI eases FPI, NRI investment norms and keeps repo rate at 5.25%. GDP growth estimate cut to 6.6%.
Experts praise RBI's decision to keep repo rate at 5.25%, citing balanced approach to support growth while managing inflation and external risks from West Asia crisis.
RBI Governor Sanjay Malhotra announces higher equity investment limits for NRIs, OCIs, and PROIs to attract foreign capital. New measures include forex swaps and longer export realization time.
RBI Governor Sanjay Malhotra revises FY27 CPI inflation forecast to 5.1%, up 50 bps from earlier estimates, citing elevated global crude prices and rising input costs.
RBI MPC keeps repo rate steady at 5.25% with neutral stance. GDP growth forecast revised down to 6.6% for FY27 amid global uncertainty.
Indian equity markets trade higher ahead of RBI policy decision. Sensex jumps 357 points, Nifty up 100 points. Banking stocks may gain if RBI hikes rates.
RBI Governor Sanjay Malhotra to announce MPC decision on Friday. Experts expect repo rate to remain at 5.25% amid inflation and global uncertainties.
IndiGo suspends flights to Hong Kong, Shanghai, Ho Chi Minh City, and others from July to September 2026 due to softer demand and high costs.
Hyundai Motor India will launch its first mass-market EV from Chennai this year, aiming to boost EV adoption and localisation in India.
Paytm parent One 97 Communications reports FY26 profitability, AI-led efficiencies, and strong market share gains, driving positive analyst sentiment and stock rally.
Indian markets end flat ahead of RBI policy decision. Tax benefits for FPIs and easing crude oil prices support sentiment. Nifty at 23,416.
India to launch up to 5,000 E85 fuel stations by 2027, promoting flex-fuel adoption. Minister Hardeep Puri says E85 is cleaner than EVs, boosting farmer income.
Adani Group sees AI-led power demand as key driver for energy infrastructure growth. Jefferies report highlights $100 billion investment commitment and strong balance sheet.
Centrum report says electrical & consumer durable companies face margin pressure in Q1FY27 despite 11% revenue growth, due to rising input costs & forex volatility.
BIS Director General Sanjay Garg announces market surveys to develop silver hallmarking framework, focusing on quality standards and sustainability.
Ex-mill sugar prices in UP and Maharashtra are below production cost of Rs 42/kg, says ISMA DG Deepak Ballani. Urges price revision for ethanol.
ICICI Bank report says energy price shocks may slow India's economic recovery but core inflation will remain stable. Food and energy costs drive headline inflation.
Indian corporates posted 14% PAT growth in Q4FY26 despite energy volatility, with broad-based sectoral gains and strong earnings outlook for FY27.
Citi CEO Jane Fraser urges India to focus on long-term economic potential, highlighting digital payments, green energy, and AI as key growth drivers.
SBI report finds ICT adoption raises labor productivity by 76%, enhances formal credit access, and pushes firms toward formalization.