Rupee Falls 48 Paise to 93.31 vs Dollar in Early Trade
The Indian rupee depreciated sharply by 48 paise to 93.31 against the US dollar in early trade on Thursday, driven by strong American currency demand and elevated crude oil prices.
Category : Business
Oil Jumps, Dollar Steady, Stocks Shaky as US-Iran Talks Fail
Global markets react to the collapse of US-Iran peace talks, with oil prices leaping, the dollar firming, and stocks wobbling. US Treasuries and Asian bonds trade lower, including Japan's 10-year yield hitting a 29-year high.
Stock Market: Sensex, Gift Nifty, SGX, Asian Markets, Crude Oil Rise
Indian stock markets opened positively on April 13, 2026, with Sensex and Gift Nifty showing gains, influenced by strong Asian markets and rising crude oil prices.
Indian Stock Market Crashes on Geopolitical Tensions, Oil Spike
Indian stock market indices Nifty50 and BSE Sensex plummeted over 1.5% in opening trade Monday, driven by collapsed US-Iran peace talks and a sharp rise in oil prices above $100 a barrel.
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Muthoot Finance Dividend 2026: Payment Date, Record Date, Amount
Muthoot Finance has announced its dividend for the financial year 2026, with details on payment date, record date, ex-date, and amount. The NBFC's share price history on NSE and BSE is also reviewed.
Mtar, Syrma SGS: Top Stock Buys for April 2026 Week
Motilal Oswal recommends Mtar Technologies and Syrma SGS as top buys for the holiday-shortened week starting April 13, 2026, citing strong growth drivers in AI, clean energy, and electronics manufacturing.
Toy Prices Surge 10-40% as Conflict Drives Up Plastic Costs
Toy prices are rising sharply ahead of summer holidays, with increases of 10-40% due to West Asia conflict pushing up crude-linked plastic raw material costs. Manufacturers cite surging prices of ABS and PP resins.
Gold, Silver Prices Volatile Amid US-Iran Talks Failure
Gold and silver prices are expected to remain volatile this week due to failed US-Iran truce talks, rising oil prices, and a stronger US dollar. Investors are advised to track key economic indicators and geopolitical developments.
Oil Prices Surge Past $100 on US Iran Blockade
Oil markets surged sharply, with WTI up 8% to $104.24 and Brent up 7% to $102.29, after US President Donald Trump announced a blockade of Iranian ports, escalating tensions and disrupting global energy flows.
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FPIs Sell Rs 48,905 Crore in Indian Stocks in April
Foreign Portfolio Investors have sold Indian equities worth Rs 48,905 crore in the first 11 days of April 2026, driven by West Asia conflict, economic concerns, and rupee depreciation.
Nifty-50 Soars 5.9% in Historic Weekly Market Rally
Indian stock markets witnessed a robust rebound last week, with the Nifty-50 index surging 5.9% to reclaim the 24,000 mark, marking its strongest weekly performance in five years.
TCS Headcount Falls 24,000 in FY26, Fresher Hiring Steady
TCS's workforce declined by 23,460 in FY26, but CHRO Sudeep Kunnumal attributes it to efficiency gains, not just restructuring. The company made 25,000 campus offers and sees AI revenue surge to $2.3 billion annually.
Rajasthan Leads India's Solar Expansion, Faces Transmission Crisis
Rajasthan contributed 27% of India's solar capacity by FY2025-26, but struggles with transmission issues, wasting 1,500-2,000MW daily. Gujarat follows with 20% share, excelling in wind and rooftop solar.
India's Gold Reserve Fuels MSME Growth via Loans
A Morgan Stanley report reveals Indian households hold 34,600 tonnes of gold, worth $3.8 trillion, offering a massive opportunity for MSMEs through gold loans to boost economic development.
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Tax Filing Season 2026: Key Updates for Indian Taxpayers
As the 2026 tax filing season approaches, Indian taxpayers must prepare for new regulations, digital compliance requirements, and revised deadlines to ensure smooth filing and avoid penalties.
RBI Official Slams Forex Makers for Rupee Weakness Amid Tensions
A senior RBI official criticized foreign-exchange market makers for worsening the rupee's decline during West Asia tensions, highlighting regulatory actions to curb speculation and arbitrage.
Input Costs, Labor Shortage Hit Manufacturing Sector
India's manufacturing sector faces challenges from escalating input costs and labor shortages, impacting production and economic growth. Experts call for policy interventions.
Aviation Leadership Crisis: Air India and IndiGo CEOs Exit
Within a month, Air India's Campbell Wilson and IndiGo's Pieter Elbers departed, highlighting the intense pressure and slim margin for error in India's competitive aviation sector.
Free Railway Heritage Access in Vadodara for World Heritage Day
Western Railway's Vadodara division announces free entry to Railway Heritage Museum, Rolling Stock Park, and Heritage Park from April 13-18, 2026, promoting public engagement with India's railway history.
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Banking Reforms for Seniors and Deceased Claims Standardized
Major banking reforms focus on making financial services more accessible for senior citizens and standardizing the deceased-claims framework to reduce delays and documentation hassles for grieving families.
Jalandhar Woman Builds Market for Soya Nutrition After NZ Return
A woman from Mithapur, Jalandhar, has returned from New Zealand and successfully established a market for soya-based nutritional products, promoting health and entrepreneurship locally.
ITAT Denies Tax Exemption to Hyderabad Golf Association
The Income Tax Appellate Tribunal in Hyderabad has upheld the denial of tax exemption to Hyderabad Golf Association, ruling that its restaurant and bar operations exceeded the statutory commercial threshold.
Middle East Crisis Disrupts Ludhiana Basmati Rice Exports
Ludhiana's basmati rice exporters face severe disruptions due to the Middle East crisis, with shipping costs skyrocketing tenfold and consignments stranded at sea. Exporters struggle with delayed payments and limited port operations.
Failed US-Iran Talks Deepen Uncertainty for Ludhiana Industry
Ludhiana's industrial sector faces renewed uncertainty after failed US-Iran talks, with rising fuel costs, LPG scarcity, and volatile raw material prices threatening profitability and exports.
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Coimbatore Foundries Raise Prices 10% Due to Input Cost Surge
The Coimbatore Tiny and Small Foundry Owners Association announces an immediate 10% price increase for casting products to counter rising raw material costs, citing global tensions and domestic production declines.
Summer Special Trains from Bengaluru to Andhra, Bihar, Kolkata
Indian Railways introduces summer special trains from Bengaluru to Andhra Pradesh, Bihar, and Kolkata to manage peak travel demand, with bookings open now.
Nagpur Metro Phase 3 DPR Tender Evaluation Underway
The tendering process for preparing the detailed project report for Nagpur Metro's Phase 3 has reached the evaluation stage with two firms participating. The DPR will outline the blueprint for the largest expansion of Nagpur Metro to date.
BDA Third E-Auction After Rs 2,000 Crore Windfall
Following two highly successful bulk land auctions that generated over Rs 2,000 crore, the Bangalore Development Authority has announced its third e-auction, offering 47 prime plots in Bengaluru.
Ahmedabad Vehicle Spending Hits Rs 7,538 Cr, Beats State Budget
Ahmedabad residents spent Rs 7,538 crore on vehicles in 2025-26, exceeding the state's transport budget. Tax data reveals a surge in luxury car registrations and tax evasion trends.
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Consumers Prioritize Essentials Over Discretionary Spending
Amid war-driven uncertainty, layoffs, and inflation, consumers are cutting back on discretionary spends, focusing on essentials and value purchases. Companies adapt with value packs and smaller formats as analysts predict post-election inflation uptick.
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