Following Indian armed forces’ strikes on multiple sites in Pakistan and Pakistan-occupied Jammu and Kashmir, the Indian rupee weakened against the U.S. dollar in the non-deliverable forward market. The 1-month NDF suggests the rupee will likely open lower at 84.64-84.68,…
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India-Pakistan Conflict: The BSE Sensex fell 0.2%, or 155.7 points, to close at 80,641, while the NSE Nifty-50 slipped 0.3%, or 81.55 points to end at 24,379. Adani Enterprises, Jio Financial, SBI Life, Trent, and Eternal were among the top…
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Fino Payments Bank is gearing up to transform into a small finance bank, anticipating approval from the RBI. This strategic shift aims to enhance engagement with merchants and account holders, addressing challenges posed by the evolving payments landscape dominated by…
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President Trump announced that India has agreed to eliminate its high tariffs, a move he attributes to his negotiation skills. He emphasized that India would not have made such an agreement with anyone else. Trump also outlined his vision for…
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India’s Commerce Minister Piyush Goyal has warned the EU of retaliatory duties if they proceed with the Carbon Border Adjustment Mechanism, potentially impacting Indian exports like steel and aluminum. He criticized the CBAM as irrational and urged developed nations to…
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The RBI is cracking down on corporates with unresolved ODI violations, setting an August 25, 2025 deadline. Companies failing to rectify past lapses face compounding or adjudication before making further foreign financial commitments. This move aims to address non-disclosure of…
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