Rupee May Trade Around Rs 95/US Dollar by End 2026
BMI, a Fitch Solutions company, forecasts the Indian rupee to average around Rs 95 per US dollar by end of 2026, citing persistent pressure from trade deficits and capital outflows.
Category : Business
Emirates NBD Bank's RBL Acquisition: Restructuring Focus
Emirates NBD Bank's acquisition of RBL highlights a strategic restructuring, aiming to strengthen its retail banking presence and expand market share in the UAE.
Navinbal Kalachakraa's Mythic Literary Universe
An in-depth look at Navinbal Kalachakraa's unique literary universe, blending cosmic themes with personal narratives to create a mythic tapestry that captivates readers.
Cement Demand Weak; Cost Pressures to Hit Profitability
A report warns of weak cement demand and rising cost pressures that may weigh on profitability over the next one to two quarters, impacting the sector.
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HJF 2026 to Unveil Retail Symposium, Zaveri Bazaar Pavilion, Sourcing Zones
The HJF 2026 trade fair will introduce a Retail Symposium, Zaveri Bazaar Pavilion, and specialized sourcing zones, aiming to boost the gems and jewellery sector with high-impact features.
India Services PMI Hits 5-Month High in April on Domestic Demand
India's services sector growth reached a five-month high in April, driven by strong domestic demand, competitive pricing, and e-commerce, according to the PMI survey.
Kiran Mazumdar-Shaw: No Retirement Plans Yet
Kiran Mazumdar-Shaw clarifies she has no plans to retire after naming her niece Claire as Biocon successor. She founded Biocon in 1978 and built it into India's largest biotech firm.
L&T Bags Rs 10,000-15,000 Cr Order from JSW Steel
Larsen & Toubro has secured a massive domestic metals order valued between Rs 10,000 and Rs 15,000 crore from JSW Steel for its capacity expansion project.
Small-Town India Shifts from Gold to Stock Market
India's small towns are moving away from traditional gold and property investments to equities, driven by financial literacy and digital access, as seen in Leh's Sapal Dorjee's journey from a Rs 2,000 SIP to Rs 1 lakh monthly.
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Kiran Mazumdar-Shaw: No Retirement Plans After Naming Niece
Biocon founder Kiran Mazumdar-Shaw clarifies she is not retiring soon after naming her niece Claire as successor, emphasizing a gradual transition.
Havmor Ice Cream Launches Guava Chilli Flavour
Havmor Ice Cream introduces a new Guava Chilli flavour, evoking street-style nostalgia with a spicy-sweet twist, now available across select outlets.
IGT Solutions Rebrands as Atain, New Enterprise Orchestration Partner
IGT Solutions has rebranded as Atain, signaling a strategic shift to become an enterprise orchestration partner, focusing on digital transformation and integrated solutions.
Rays Power Infra commissions 1.1 GW solar capacity in a year
Rays Power Infra has commissioned 1.1 GW of solar capacity in one year, marking its strongest execution year. The company achieved this across multiple states, reinforcing its position in renewable energy.
NPPA Caps Prices of 42 Drug Formulations
The National Pharmaceutical Pricing Authority has capped retail prices of 42 drug formulations, ensuring affordable medicines for consumers. The move aims to regulate prices and prevent overcharging.
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Buddy4Study Crosses INR 900 Crore in Scholarships
Buddy4Study, India's largest scholarship platform, has achieved a milestone of INR 900 crore in scholarships distributed, benefiting over 1.70 lakh students across the country.
Stock Markets Rebound as Oil Prices Decline on US-Iran Progress
Indian stock markets rebounded in early trade on Friday, tracking a decline in global oil prices as progress in US-Iran negotiations eased supply concerns.
Gold Gains Rs 2,200/10gm, Silver Up 3% on MCX
Gold prices surged by Rs 2,200 per 10 grams on MCX, while silver jumped 3% as easing crude oil prices boosted sentiment. Check city-wise rates here.
Top 7 Residential Areas in Jaipur with High Property Value
Discover the top 7 residential areas in Jaipur offering high property value, from luxury hubs like C-Scheme to emerging corridors like Jagatpura and Ajmer Road.
Biogas Could Replace LPG in India's Dairy Belt
A new analysis suggests that shifting to biogas in India's dairy sector could displace up to 4 million tonnes of LPG annually, saving Rs 2,000 crore if 10 million households adopt it.
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MP Cabinet Clears Rs 38,555 Crore Projects, Traders Board
Madhya Pradesh cabinet led by CM Mohan Yadav approved Rs 38,555 crore for development, including pulses self-reliance, electronics clusters, anganwadi centres, and a first-of-its-kind State Traders Welfare Board.
Rupee Fall Crushing MSMEs: World Forum Urges Policy Overhaul
The World MSME Forum warns that the rupee's 13% depreciation against the dollar is crippling micro, small, and medium enterprises, urging policy changes to boost domestic manufacturing.
KIIFB CEO K M Abraham Resigns Amid Fiscal Overhang
KIIFB CEO K M Abraham resigned after LDF's defeat, ending a controversial tenure marked by off-budget borrowings and a heavy repayment burden of Rs 16,516 crore.
Kerala Hotels Strike Over Commercial LPG Price Hike
Hotels, restaurants, and bakeries across Kerala will shut down for 24 hours on Wednesday to protest the steep hike in commercial LPG cylinder prices, demanding its withdrawal.
Hyderabad Man Duped of Rs 6.21 Crore in Rubber Scam
A Hyderabad businessman was cheated of Rs 6.21 crore by another businessman who promised a 50% partnership in a recycled rubber business. A case has been registered under IPC Section 420, and investigations are ongoing.
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Haj airfare hiked by Rs 10k per pilgrim, sparks outrage
The Haj Committee of India's last-minute airfare hike of Rs 10,000 per pilgrim, citing fuel costs, has drawn criticism from pilgrims in Gujarat, who call it unfair and financially burdensome.
Odisha CM Majhi Invites Gujarat Firms to Invest
Odisha CM Mohan Charan Majhi invited Gujarat-based companies to invest in Odisha, pitching a two-coast strategy to boost India's growth and access to eastern markets.
ITP Aero Breaks Ground on Hyderabad Manufacturing Plant
Spanish aerospace firm ITP Aero has begun construction of a new manufacturing facility in Hyderabad to produce commercial aviation engine components, creating over 350 skilled jobs by 2027.
Telangana HC Suspends 2008 Order on IDPL Land
The Telangana High Court suspended a 2008 BIFR order that blocked the state from reclaiming 891.38 acres of IDPL land in Hyderabad, now valued at ₹50,000 crore.
MahaRera Show-Cause Notices to 391 Nagpur Projects
MahaRera issued show-cause notices to 391 Nagpur housing projects for failing to upload quarterly progress reports, part of a statewide crackdown on 8,212 defaulting projects.
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Central Railway starts car transport from Igatpuri via NMG rakes
Central Railway begins loading cars at Igatpuri goods shed using double-deck NMG rakes, meeting high demand for Nashik-made vehicles. First rake dispatched to Nautanwa.
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