The Indian rupee weakened for the second straight session, closing at 95.76 against the US dollar, down 40 paise. Proposed US tariffs, rising crude oil prices, foreign fund outflows, and geopolitical tensions weighed on the currency.
The Reserve Bank of India has dismissed reports of selling $12 billion worth of gold, confirming that the country's physical gold stock remains unchanged at 880.52 tonnes.
A daily wage labourer in Bengaluru, injured by a speeding motorcycle, fought a two-year legal battle and was awarded Rs 6.7 lakh compensation by a motor accident claims tribunal.
CCPA imposed fines on PhysicsWallah and McAfee for using dark patterns on digital platforms, violating consumer protection laws and guidelines.
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The Reserve Bank of India has clarified that it has not sold any gold from its reserves. Physical gold holdings remain unchanged at 880.52 tonnes as of March 31, 2025.
A Delhi court framed charges against Jacqueline Fernandez, Sukesh Chandrashekar, and 15 others in a Rs 200 crore money laundering case. All accused pleaded not guilty and claimed trial.
Vikram Sahu, Bank of America India CEO, discusses FII trends, India's resilience, policy agility, and investment opportunities amid global uncertainties.
The Union Cabinet has cleared a Rs 10,000 crore corpus for OMCs to compensate for losses due to elevated international ATF prices amid the West Asia crisis, ensuring stable fuel supply for airlines.
The Indian rupee fell 31 paise to close at 95.67 against the US dollar on Wednesday, extending losses from the previous session amid strong dollar demand and weak equities.
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BofA Securities warns the Indian rupee may weaken to 98 against the US dollar by July 2026, driven by a worsening energy crisis. The currency traded at 95.77 on Wednesday.
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The Reserve Bank of India has rejected reports of selling $12 billion in gold, stating its physical gold stock remains at 880.52 tonnes. PIB fact-check called the claims fake, noting gold's share in forex reserves rose to 16.85%.
The Indian government launches a common landing portal to help citizens locate unclaimed financial assets like bank deposits, insurance, and shares. Learn how this platform simplifies the process.
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The Reserve Bank of India refutes reports of selling gold to protect forex reserves, confirming physical gold reserves remain unchanged at 880.52 tonnes.
The Reserve Bank of India clarified that its physical gold stock remains at 880.52 tonnes, refuting media reports of a sale. Gold's share in forex reserves rose to 16.85% as of May 22, 2026.
Spice Islands Industries has delivered over 2,000% returns in 3 years, driven by Rogers brand revival, EV expansion, and profit growth. The small-cap stock transformed into a diversified business.
Japanese banks are scaling down in China due to rising costs and EV competition, pivoting to Southeast Asia and India, with acquisitions in Indian financial firms.
Indian benchmarks Sensex and Nifty fell over 1% on Wednesday as Iran-US tensions escalated, crude oil surged, and FII outflows continued, eroding over Rs 3 lakh crore in market cap.
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Indian stock markets plunged over 1% on June 3, 2026, with Sensex and Nifty falling sharply. Here are the key reasons behind the market crash, including global cues and domestic factors.
Upma Chawdhry, a retired 1983-batch IAS officer, has been appointed as the Chairperson of the Metropolitan Stock Exchange, becoming the first woman to head a Market Infrastructure Institution in India.
Godrej Industries Group launches Godrej Wealth, aiming for Rs 1,00,000 crore AUM by 2031 and 35 locations in five years, targeting affluent and HNI clients.
Wealth Co has signed an agreement with the National Stock Exchange to facilitate trading in Electronic Gold Receipts, aiming to enhance gold investment accessibility.
Despite challenging fund-raising conditions due to the West Asia war, unlisted companies like Oyo, Coca-Cola's India bottler, Zepto, and Manipal Hospitals are moving forward with IPO plans.
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ITAT Ahmedabad deletes TDS demands against SBI for LTC payments, ruling that the bank was bound by Madras HC interim orders and could not be treated as assessee in default.
Karnataka High Court issued notices to state and central governments on a petition challenging the May 22 notification increasing minimum wages, next hearing on June 9.
A ₹5.28 crore Axis Bank loan fraud investigation reveals accused Neelam Pawan Kumar also cheated HDFC Bank similarly. He admitted to both frauds during custody.
The RBI announced a Rs 50,000 crore two-day VRR auction on June 3 to manage short-term liquidity ahead of the monetary policy review, with system surplus moderating to Rs 85,411 crore.
The Centre will replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI) to better measure price changes at the producer level.
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The RBI's Monetary Policy Committee starts its three-day meeting on June 3 amid inflation worries. Most economists expect rates to remain unchanged this week, with potential hikes later in FY27.
