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23.10.26 - 00:24
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Crude rises, rupee falls & Dalal Street trips again (Times of India)
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Among the major Asian market indices, Kospi in Korea closed 3.5% down, Hang Seng in Hong Kong closed 3% down, Nikkei in Japan was down 2.7% at the close while Shanghai Composite in China closed 1.5% lower. European markets too were mostly in the red in late trades with CAC 40 in France down 1.4%, DAX in Germany down 1.1% and FTSE 100 down 0.3%....
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21.10.26 - 07:24
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Rupee gains 29 paise against dollar in early trade, but crude prices limit gains (Times of India)
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The rupee opened higher against the US dollar, appreciating by 29 paise to a solid 94.62, fueled by foreign investments linked to the Jio IPO and backing from the Reserve Bank of India. Nevertheless, persistent crude oil price surges presented ongoing challenges for the currency. The domestic equity landscape also showed positivity, with the BSE Sensex recording substantial gains, even as foreign institutional investors stayed in a selling position....
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19.10.26 - 17:30
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India shelves coal import plan as high global prices, weak rupee raise costs (Times of India)
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India has decided not to mandate coal imports for power plants due to high international prices and a weaker rupee. Coal stockpiles have reached critically low levels at many power stations, prompting concerns about electricity shortages in the country. Policymakers are focusing on boosting domestic coal production and improving transportation to mitigate the situation....
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