MUMBAI — In a dramatic turnaround for the domestic currency, the Indian rupee staged its most significant single-day rally in over six months on Monday, appreciating by a robust 95 paise to settle at 95.78 against the US dollar. The sharp recovery was directly catalyzed by a comprehensive and aggressive package of regulatory interventions introduced […]
Gold Prices Face Headwinds: Inflationary Pressures and Federal Reserve Policy Keep Markets on Edge
By Sandal Khan Business Correspondent October 12, 2026 The global gold market, traditionally viewed as a bedrock of stability and a "safe-haven" asset, has been navigating a period of heightened volatility throughout the first half of October 2026. As of October 12, gold prices have experienced a notable dip, reflecting the broader anxiety gripping global […]
RBI Cracks Down on Forex Derivatives: New Regulations Aim to Stabilize the Rupee Amid Global Headwinds
MUMBAI — Facing mounting macroeconomic pressures, the Reserve Bank of India (RBI) has executed a decisive policy pivot, introducing a sweeping package of regulatory measures to tighten its grip on the domestic rupee derivatives market. With the Indian rupee creeping uncomfortably close to the historic 97-per-dollar threshold and global crude oil prices sizzling persistently above […]
Peak XV Trims Stake in Awfis as Coworking Giant Faces Market Headwinds Despite Strong Financials
NEW DELHI — In a major secondary market transaction that highlights the shifting dynamics between venture capital liquidity needs and public market performance, early backer Peak XV Partners has significantly pared down its holdings in prominent coworking space provider Awfis Space Solutions. The venture capital giant offloaded 12.2 lakh shares in a bulk deal valued […]
Indian Corporate Earnings: A Tale of Resilience Amidst Global Headwinds
As the Indian corporate sector prepares to unveil its September-quarter (Q2) performance, market participants are bracing for a complex narrative. Analysts from five leading brokerage houses suggest that while profit growth for Nifty 50 companies is set to accelerate, the underlying performance remains starkly uneven. This dichotomy is being driven by a tug-of-war between robust […]
India’s Net FDI Surges to Five-Year High of $7.35 Billion in July, Defying Global Headwinds
NEW DELHI — In a surprising and robust upturn for the domestic economy, India’s net Foreign Direct Investment (FDI) soared to an over five-year high of $7.35 billion in July 2026, according to data released late Friday by the Reserve Bank of India (RBI). The latest monthly print represents the highest net inflow since May […]