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02.05.26 - 04:12
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Banks should get more active in offshore rupee trade: RBI (Times of India)
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RBI Governor Sanjay Malhotra urged Indian banks to become global market-makers, aiming to bring rupee price discovery onshore. This move seeks to counter offshore non-deliverable forward markets' influence on the rupee and reduce arbitrage. Malhotra also highlighted the need for improved liquidity in government securities and expanded access to the FX retail platform for fair customer deals....
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02.05.26 - 04:12
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At $4.9 trillion, Nvidia beats listed Indian companies′ market-cap (Times of India)
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US chipmaker Nvidia's market capitalization has surpassed India's total listed company valuation. While Nvidia's value surged due to AI demand, India's market cap remained stagnant, impacted by foreign fund outflows and a weakening rupee. This shift highlights global tech's dominance over emerging markets, despite India's earlier peak valuations....
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02.05.26 - 04:12
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Over the moon excited about India, says Tim Cook (Times of India)
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Apple's India business is booming, with double-digit growth across iPhones, iPads, and Macs. CEO Tim Cook expressed immense excitement about the market's potential, highlighting India as the second-largest smartphone and third-largest PC market globally. Growth is fueled by first-time buyers and expanding reach into smaller cities, with analysts predicting significant market share gains....
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01.05.26 - 11:06
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Jobs are up, but so is the gap: Decoding India′s wage reality (Times of India)
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While India's workforce participation has increased, a deeper look reveals significant disparities. More people are working, but many are in self-employment or informal roles with uncertain incomes. Gender and location heavily influence access to stable, well-paying jobs, highlighting a critical imbalance in job quality and opportunity....
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