Rupee Gains 10 Paise Amid Oil Volatility; Gold, Silver Slip Nearly 2%

Mumbai — The Indian rupee strengthened by 10 paise on Monday, opening at 92.83 against the US dollar, supported by easing geopolitical concerns, softer crude trends earlier, and continued backing from the Reserve Bank of India.

The US…

India Seen Growing at 6.8% in FY27; Opportunity to Emerge as Global Transit Hub

New Delhi — India’s economy is expected to remain resilient, with growth projected at around 6.8 per cent in FY27 despite global uncertainties and geopolitical tensions, according to a report by State Bank of India Research.

The…

ICICI Bank Q4 Profit Rises 9% to Rs 14,755 Crore; NII Grows 8%

Mumbai — ICICI Bank reported a solid performance for the fourth quarter of FY26, posting a consolidated net profit of Rs 14,755 crore, marking a 9% year-on-year increase from Rs 13,502 crore in the same period last year.

The bank’s…

FIIs Show Early Signs of Stability in Indian Markets; DIIs Continue to Anchor Sentiment

New Delhi: After a prolonged phase of outflows, foreign institutional investors (FIIs) are beginning to show early signs of stabilisation in Indian equities, offering some relief to market sentiment.

FIIs emerged as net buyers in the final…

India’s Forex Reserves Climb to $700.9 Billion, Signals Strong External Position

New Delhi: India’s foreign exchange reserves rose by $3.82 billion to reach $700.946 billion for the week ended April 10, according to data released by the Reserve Bank of India.

This marks a steady rebound in the country’s reserves,…

RBI announces Rs 2 lakh crore VRRR auction to absorb excess liquidity

Mumbai — The Reserve Bank of India has announced a Rs 2 lakh crore seven-day Variable Rate Reverse Repo (VRRR) auction scheduled for April 17, aimed at managing surplus liquidity in the banking system.

According to the central bank, the…

India’s trade deficit narrows as exports rebound, services surplus stays strong

India’s external sector showed notable resilience in March 2026, with the goods trade deficit narrowing to around $21 billion, supported by a recovery in exports and a sharp decline in precious metal imports, according to a report by Emkay Global…

India’s Engineering Exports Hit Record $122 Billion in FY26

India’s engineering sector has reached a new milestone, with exports climbing to a record $122.43 billion in FY 2025–26, surpassing last year’s $116.75 billion and registering around 5% growth, according to EEPC India.

The…

India’s Exports Climb, Trade Deficit Shrinks to $20.67 Billion in March

New Delhi: India’s merchandise trade position improved in March, with exports rising steadily and imports declining, helping narrow the trade deficit to $20.67 billion, according to data released by the Ministry of Commerce and Industry.

Markets Rally Strong: Sensex Surges 1,264 Points, Nifty Jumps 1.6% on Easing Global Tensions

Mumbai: Indian equity markets witnessed a sharp rally on Wednesday, buoyed by improving global sentiment after signals of easing tensions between the US and Iran. Optimism grew after Donald Trump indicated that the conflict could be nearing a…