Rupee hits all-time low of 95.20 against US dollar
The Indian rupee fell to a record low of 95.20 against the US dollar on Thursday, pressured by rising global crude oil prices and a strengthening American currency.
Category : Business
Dalal Street Tumbles as Crude Tops USD 120, Nifty Slips
Indian stock markets opened sharply lower on Monday as crude oil prices surged past USD 120 a barrel, raising inflation fears. The Sensex fell 914 points and Nifty dropped 278 points.
Rupee Hits Record Low of 95.20 Against US Dollar
The Indian rupee fell 32 paise to an all-time low of 95.20 against the US dollar on Monday, driven by strong dollar demand and weak equity markets.
7 Elite Residential Areas in Faridabad Driving Real Estate Growth
Discover seven posh localities in Faridabad—Ashoka Enclave, Surajkund, Sectors 14, 15, 21, 30, 31—that offer luxury living, excellent connectivity, and robust infrastructure, shaping the city's real estate boom.
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Waaree Energies Shares Plunge 10% Post Q4 Results
Waaree Energies shares tumbled 10% after the company reported disappointing Q4 results, with revenue and profit missing estimates. Check key details here.
Vedanta Demerger: Anil Agarwal's Firm to Split into 5 by 2026
Vedanta Ltd announces demerger into five independent companies, including metals, power, and aluminium. Shareholders to get proportionate shares in each entity. Expected completion by 2026.
Sensex Tumbles 500 Points, Nifty Below 24,000; Bajaj Finance Gains
Indian stock markets opened lower on April 30, with Sensex falling nearly 500 points and Nifty dipping below 24,000. Bajaj Finance was the top gainer amid US Fed rate concerns and Vedanta demerger news.
EPFO e-Praapti Portal for Inactive PF Account Withdrawals
EPFO launches e-Praapti portal to simplify withdrawal of money from inactive provident fund accounts. Union Minister Mansukh Mandaviya announced the initiative, aiming to help millions of employees access their funds easily.
Lodha, Premier Energies, HDFC AMC: Top Stock Picks April 30
Aakash K Hindocha of Nuvama recommends buying Lodha Developers, Premier Energies, and HDFC Asset Management Company with target prices. Nifty range 23750-24300.
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Brent Crude Crosses USD 120 on Hormuz Blockade
Brent crude oil prices surged past USD 120 per barrel after former US President Trump stated that the blockade of the Strait of Hormuz will continue until Iran agrees to a new nuclear deal.
Stock Market Live: Sensex, Nifty Muted Start on Oil Price Surge
Sensex and Nifty may open flat as crude oil hits multi-week highs and Fed remains cautious. GIFT Nifty signals weak start. Monthly expiry may add volatility.
Indian Overseas Bank Annual Net Profit Crosses Rs 5,000 Crore
Indian Overseas Bank reported a 56% jump in annual net profit to Rs 5,209 crore for FY26, driven by higher income and lower provisions. Operating profit surpassed Rs 10,000 crore for the first time.
Bajaj Finance Q4 Net Profit Up 22% to Rs 5,553 Crore
Bajaj Finance reports 22% rise in Q4FY26 net profit to Rs 5,553 crore, driven by 21% income growth despite one-time provisions and labour code charges.
Bank Deposits, Advances Plunge Rs 10.5 Lakh Crore After March-End
Bank deposits and advances fell sharply by Rs 10.5 lakh crore in the fortnight to April 15, 2026, after a year-end spike, revealing temporary balance sheet adjustments and window dressing.
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Pune Court Sentences Two in Rs50 Lakh Loan Fraud Case
A special CBI court in Pune sentenced a businessman and a bank credit manager to three years rigorous imprisonment for illegal sanction and disbursement of Rs50 lakh cash credit facility in 2010-11, causing Rs52.74 lakh loss to Central Bank of India.
Mihan SEZ Exports Surge 40% to Rs9,626 Crore in FY26
Exports from Mihan, India's largest multi-product SEZ, grew nearly 40% to Rs9,626 crore in FY26, driven by manufacturing. Services exports saw a minor dip.
Mihan SEZ exports surge 39% to Rs9,626 crore in FY26
Exports from Mihan-SEZ grew nearly 40% to Rs9,626 crore in FY26, driven by manufacturing and aviation. Services exports saw a minor dip.
Indore-Pithampur Economic Corridor: Mixed-Use Urban Industrial Stretch
The 20-km Indore-Pithampur Economic Corridor will be a mixed-use urban and industrial stretch with 40 MLD water demand, aiming to boost connectivity ahead of Simhastha 2028.
Rupee falls to record closing low of 94.85 per dollar
The rupee depreciated to a record closing low of 94.85 per dollar on Wednesday, declining 31 paise, pressured by rising oil prices, stalled geopolitical talks, and foreign outflows.
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RBI's New Calamity Chapter: Stricter Norms for Disaster Relief
RBI has introduced a dedicated 'calamity chapter' in its guidelines, separating disaster relief from general restructuring. Key changes include a 30-day default rule, suo moto relief, accrual income recognition, and 5% provisioning.
SOPA Urges Restoration of Standard Edible Oil Pack Sizes
SOPA has urged the Centre to reinstate standardised packaging norms for edible oils, warning that deregulation has caused consumer confusion and unfair competition.
Cognizant Buys Astreya for $600M, Begins Restructuring
Cognizant acquires AI infrastructure firm Astreya for $600M, launches Project Leap with $230M-$320M costs, impacting thousands of jobs globally.
RBI Rejects Tata Sons' Bid to Avoid Public Listing
The RBI has rejected Tata Sons' argument to avoid a mandatory stock exchange listing, clarifying that equity from group companies accessing capital markets counts as indirect public funds.
Indian Bank Meets Most FY26 Targets, Cost-Income Miss
Indian Bank met or exceeded nearly all FY26 guidance metrics, with cost-to-income ratio the lone miss at ~46% vs 45% target. Net profit grew 11% to Rs 12,156 crore.
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Indian Overseas Bank FY26 Net Profit Crosses Rs 5,000 Crore
Indian Overseas Bank's annual net profit crossed Rs 5,000 crore for the first time in FY26, rising 56% to Rs 5,209 crore, driven by higher income and lower provisions.
Consumer Panel Orders Bank, Insurer to Pay Rs 5 Lakh
Gujarat State Consumer Disputes Redressal Commission orders Union Bank and Oriental Insurance to jointly pay Rs 5 lakh to Bharti Prajapati for rejecting her husband's insurance claim on technical grounds.
City Union Bank Aims for 15-18% Loan Growth, Conservative Model
City Union Bank plans to maintain its conservative lending model and outpace industry growth by 2-3 percentage points, targeting 15-18% loan growth while keeping LDR at 85-87%.
City Union Bank Targets 15-18% Loan Growth Under New CEO
City Union Bank aims to maintain its industry-beating growth of 2-3% above average, with a conservative lending model. New CEO R Vijay Anandh targets 15-18% loan growth and stable LDR of 85-87%.
UAE's OPEC Exit May Benefit India's Oil Security
The UAE's exit from OPEC may benefit India by enabling long-term oil deals at lower prices, thanks to geographical proximity and higher crude quality.
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Sirsa to Display List of Illegal Colonies to Curb Fraud
Sirsa authorities will publicly display lists of illegal colonies to protect buyers from fraud, warning against purchasing plots in unapproved layouts.
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