GURUGRAM – In a move signaling an aggressive escalation in India’s hyper-competitive home services sector, Urban Company, the nation’s premier home services platform, is gearing up for a significant capital infusion. According to an exchange filing, the company’s board is scheduled to convene on October 16 to deliberate on a fresh fundraising initiative. Sources close […]
Markets Rally as Finance Minister Sitharaman Welcomes "Healthy Debate" on Capital Gains Tax, Affirms RBI’s Stand on Rupee
NEW DELHI — Indian benchmark stock indices experienced a sharp intraday upswing on Tuesday, propelled by remarks from Finance Minister Nirmala Sitharaman at the prestigious Bloomberg New Economy Forum. Addressing a global audience of economists, policymakers, and investors, Sitharaman described ongoing discussions surrounding the long-term capital gains (LTCG) tax as “healthy” and signaled her willingness […]
Let Rupee Find Its Own Level, Focus on Competitiveness and Innovation: Uday Kotak
MUMBAI — Veteran banker and Kotak Mahindra Bank founder Uday Kotak has made a compelling case for a hands-off approach toward currency management, asserting that the Indian rupee should be permitted to find its natural market equilibrium. Speaking at the prestigious Bloomberg New Economy Forum, Kotak emphasized that over the long horizon, the underlying macroeconomic […]
RBI Intervention Propels Rupee to Biggest Gain in Six Months as Central Bank Targets Speculation Amid Global Headwinds
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 […]
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 […]
RBI Opens Special Dollar Window for State-Run Oil Refiners as Crude Surges Past $100 and Rupee Nears 97
By George Mathew Updated: October 10, 2026, 11:56 AM IST | 4 min read Main Facts In an aggressive move to shield India’s macro-economy from escalating external shocks, the Reserve Bank of India (RBI) announced on Saturday that it will open a dedicated, open-ended special dollar window for the country’s three major public sector oil […]
Indian stocks and rupee fall on global selloff, further escalation in West Asia
3 min readJun 8, 2026 10:51 AM IST Indian equity markets and the rupee opened lower on Monday as escalating tensions in West Asia triggered a global risk-off sentiment. (File Photo) The Indian stock and currency markets opened weaker on Monday, following other big global markets, as further escalation in the situation in West Asia […]