The Indian rupee experienced a slight decline on Thursday. Higher oil prices, driven by concerns about the U.S.-Iran truce, impacted local stocks and bonds. Regional markets also faced pressure. Israel’s actions in Lebanon further jeopardized the Middle East ceasefire. Iranian…
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Indian stock markets fell on Thursday, ending a five-day rally. Hopes for an Iran-US ceasefire faded, impacting investor sentiment. Oil prices surged above $95 a barrel. Global markets also saw declines. Foreign investors continued selling Indian equities. The rupee weakened…
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A fragile US-Iran ceasefire faces deep ambiguities, with conflicting claims over Lebanon and the Strait of Hormuz undermining trust. Despite ongoing talks in Islamabad, the gap between the agreement and ground realities widens, leaving a contested truce on paper. Military…
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The RBI has tightened forex derivative rules, banning cancellation and rebooking of INR-linked contracts to curb speculation. While CFOs see limited near-term impact on hedging costs, concerns remain about reduced flexibility in managing real commercial risks over the long term.
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Move signals push to restrict international audit networks in defence and other sensitive sectors; ICAI proposes domestic audit ecosystem overhaul.
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Elon Musk is reshuffling xAI’s engineering leadership, appointing three Indian-origin engineers to key roles as the company integrates more closely with SpaceX ahead of its IPO. Devendra Chaplot will lead pre-training, Aman Madaan will manage the model factory, and Aditya…
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