The rupee saw a slight increase against the US dollar, attributed to an influx of foreign investment and declining crude oil prices. In morning trading, it gained 7 paise to sit at 94.05 following a recent downturn. However, analysts caution a possible reversal that might push the rupee to between 94.50 and 95.00.

Oil prices remain stable but are projected to decrease for the second consecutive week as fears over geopolitical tensions diminish. President Trump has assured that the US maintains control over the vital Strait of Hormuz and is contemplating military responses to threats from Iran. Despite recent assaults on Saudi oil facilities raising alarm over supply disruptions, a surge in US crude stockpile is pressuring prices downward.

After a three-day rally, equity benchmark indices Sensex and Nifty faced declines due to profit-taking, with analysts predicting a potential policy rate hike by the RBI as retail inflation hit 6.09 percent in October. Key laggards included Mahindra & Mahindra and HDFC Bank, while gainers like Tech Mahindra and Sun Pharma emerged. Notably, Foreign Institutional Investors showed robust interest, purchasing equities worth Rs 7,830.

Indian companies registered USD 7.04 billion in external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in September, led by large borrowings from infrastructure, energy, telecom and financial services companies, according to Reserve Bank of India data.

Nvidia's CEO Jensen Huang resigned following an extramarital affair that caused national security concerns. The company appointed Colette Kress as the interim CEO while the board addressed the scandal. Huang's relationship with a suspected Chinese government agent intensified scrutiny, and shares of Nvidia dropped significantly. Meanwhile, Megaspeed International, linked to the scandals, committed to compliance with US export control laws.

The rapid expansion of partnerships between banks, NBFCs and fintech companies has widened this exposure. Lenders increasingly depend on outside technology providers for customer acquisition, loan processing, payments and disbursements. These arrangements have made financial services more convenient, but they have also created vulnerabilities that institutions do not always control directly.

Indu Swaroop takes charge as CFO after serving as Financial Controller, bringing over 18 years of experience and institutional knowledge to the role.

Union Minister Piyush Goyal highlighted India's commitment to global investors through stable policies and fair laws. He emphasized that India has signed trade agreements benefitting nearly $70 trillion of global GDP, expanding market access for its goods and services. Goyal assured investors about intellectual property protection, underlining that technology is not appropriated. He noted India's reliability demonstrated during the COVID-19 pandemic by supplying essential goods to over 100 countries.

India's Mahindra & Mahindra Financial Services plans to raise up to 20 billion rupees ($213.58 million), including a greenshoe option of 12.50 billion rupees, through the

The Reserve Bank of India is contemplating a ban on private equity firms holding majority stakes in multiple non-banking financial companies. The planned regulations aim to distinguish between controlling stakes and smaller investments, with the latter facing less scrutiny. Growing foreign investment interest in India's financial sector includes significant deals by major firms such as Blackstone and Temasek.

The Reserve Bank of India (RBI) has issued a consolidated set of directions on domestic money transfers, retaining existing transaction limits and tightening safeguards for cash-based remittances.

Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.

CII President R Mukundan stressed the critical role of Free Trade Agreements in driving business expansion, advocating for collaborative ventures and enduring partnerships among industries from involved nations. He also pointed to India's potential in renewable energy and advanced manufacturing. Mukundan urged the industry to foster global partnerships in emerging technologies, like AI and biotechnology, while highlighting the need for supportive government policies to enhance economic interaction.

Anthropic is gearing up for a public offering, with plans to secure a considerable sum of capital. The swift integration into prominent stock indices is expected to generate strong demand for its shares. Analysts forecast that passive funds will snap up a significant portion post-listing. Additionally, the market dynamics observed after SpaceX's IPO may shape investor strategies, while the absence of a lock-up period for certain shares could impact pricing.

Air India has significantly reduced its losses in the first half of this fiscal year. The SIA group's fuel expenses increased sharply, impacting their net profit despite improvements. Customer experience and operational performance enhancements have contributed to Air India's transformation efforts. Both SIA and Tata Sons are committed to supporting Air India's journey towards sustainable profitable growth.

In early trading, the rupee fell by 6 paise against the US dollar, settling at 93.77. The rise of the dollar stems from strong US inflation and employment data that have pushed Treasury yields higher. However, falling crude oil prices and robust domestic equity markets offered some support to the rupee. Additionally, foreign institutional investors acquired equities worth Rs 12,563.33 crore on Wednesday, while the dollar index increased by 0.

Following a decline in crude oil prices, domestic equity benchmarks, Sensex and Nifty, opened strong this morning. The Sensex climbed to an intraday high of 82,057.39, and Nifty touched 25,342. Nonetheless, some sectors, particularly Nifty IT and Nifty Auto, showed drops. Meanwhile, foreign institutional investors have turned into active buyers, a shift from previous behavior, leading experts to anticipate a continuation of this trend amidst solid earnings reports.

Brijesh Modi says the company is focusing on cost management, procurement efficiencies and automation to protect margins amid geopolitical disruptions and rising travel costs; holiday business forward bookings rise 30% year on year.

India's economy is projected to grow much faster than China's over the next three years, with the gap between their growth rates expected to widen to 3 percentage points by 2028, according to Moody's Ratings.

The company's board, at a meeting held on November 11, appointed Vakil as chairman with effect from November 12, 2026.