The rupee hit a record low of 95.33 against the dollar on Thursday, driven by surging crude oil prices and concerns over inflation and capital flows. Suspected RBI intervention helped the currency recover to close at 94.91, though it remains under pressure. The outlook for the rupee is closely tied to the trajectory of global…
The government has extended the tenure of Reserve Bank Deputy Governor Swaminathan Janakiraman for another two years.He was appointed as RBI Deputy Governor for three years in June 2023.“The Central Government has re-appointed Swaminathan Janakiraman as Deputy Governor, Reserve Bank of India, for a period of two years with effect from June 26, 2026, or…
Tamizh Amudhan and Vincent Keymer CHENNAI: Rain lashed Thiruthangal, a neighbourhood in Sivakasi, all of Friday night. The power had been cut since six in the evening, plunging the area in darkness. But inside one of the modest houses, an eight-year-old boy, with just a candle flickering beside him and a mobile torch lighting up…
NEW DELHI: India and the UK are working on a “unique and creative solution” to address issues arising from Britain’s recent steel safeguard measure, which is delaying the operationalisation of the Comprehensive Economic and Trade Agreement (CETA).The two countries, on July 24, 2025, signed the pact, under which 99% of Indian exports would enter the…
Global oil prices surged past $120 on Thursday, briefly touching $122, the highest level since 2022 as fears of prolonged supply disruptions intensified amid a deadlock in talks to end the US conflict with Iran.Brent crude for June delivery rose around 1.9% to near $120 a barrel, while US West Texas Intermediate (WTI) edged up…
US President Donald Trump on Wednesday said he expects major artificial intelligence companies to agree to “giving back” to the public, suggesting a model that could involve a government stake or public benefit mechanism tied to AI industry gains, as per Reuters.Speaking at the White House Oval Office, Trump said he would soon meet top…
KOCHI: Amay Khurasiya, former India international, who guided Kerala to their maiden Ranji Trophy final, has stepped down as head coach after the completion of his two-year tenure. He will now take over as the head coach of the Chhattisgarh team in the upcoming Ranji Trophy season, opting for what he describes as a “fresh…
NEW DELHI: A visibly shaken Rishabh Pant laid bare his frustration after his side’s dramatic batting collapse, admitting he had “no answers” following a crushing 40-run defeat in their IPL 2026 clash.Chasing a modest 160, Lucknow Super Giants folded for just 119, undone by a surface that offered movement and a disciplined bowling effort from…
Top stocks to buy (AI image) Stock market recommendations: Multi Commodity Exchange, Godrej Properties, and Bharat Dynamics Ltd are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan recommends buying on April 7, 2026. Below is a detailed analysis:Multi Commodity Exchange: Buy in the range between Rs 2540 & Rs 2545;…
US stock markets declined sharply on Thursday, while oil prices surged, after President Donald Trump vowed to continue military action against Iran and did not provide a clear timeline for de-escalation of the conflict in the Middle East, according to AP.The S&P 500 fell 1.1%, with nearly three out of every four stocks in the…
