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Searched Tag: economy
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Paint industry optimistic on growth despite crude volatility

May 31, 2026, 08:14 PM - 5 min read

Paint producers, which have already implemented several rounds of price hikes due to rising costs of crude oil-linked raw materials, remain cautious about future pricing decisions.

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Domestic air traffic falls nearly 4 pc in April

May 31, 2026, 07:46 PM - 3 min read

Domestic air traffic declined 4.2 per cent to little over 1.38 crore in April compared to March amid multiple headwinds, including relatively softer travel demand.

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Central Bank to enter wealth management

May 31, 2026, 07:28 PM - 4 min read

Central Bank of India is preparing to enter the wealth management and credit card segments during the second half of the current financial year as part of its strategy to strengthen fee-based income streams, Managing Director and CEO Kalyan Kumar has said.

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West Asia crisis: RBI to keep benchmark policy rate unchanged

May 31, 2026, 07:13 PM - 6 min read

With crude oil prices climbing, supply chain disruptions persisting, and the rupee remaining under pressure due to global developments, several analysts believe the central bank may revise its inflation projections upward while trimming its GDP growth forecast during the bi-monthly policy meeting scheduled from June 3 to 5. 

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Stock markets slip; Sensex tumbles 1,092 points

May 29, 2026, 07:23 PM - 3 min read

The 30-share BSE Sensex dropped 1,092.06 points, or 1.44 per cent, to close at 74,775.74. The benchmark index had opened on a positive note and traded within a narrow range for most of the day.

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Rupee rises 53 paise, closes at 95.05 against US dollar

May 29, 2026, 07:16 PM - 4 min read

According to forex traders, the Indian currency gained ground due to a decline in global crude oil prices and weakness in the US dollar after reports suggested that Washington and Tehran had reached an understanding to extend the ceasefire for another 60 days.

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Former Reserve Bank of India (RBI) Governor Duvvuri Subbarao.

Must let rupee depreciate: Former RBI Governor Subbarao

May 28, 2026, 06:14 PM - 4 min read

In remarks made ahead of the Monetary Policy Committee’s second meeting for FY27, Subbarao said monetary policy should be used only as a “last resort” when defending the exchange rate.

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Stock markets decline; Sensex down 142 pts

May 27, 2026, 04:45 PM - 3 min read

The 30-share BSE Sensex fell 141.90 points, or 0.19 per cent, to close at 75,867.80.

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Rupee falls 47 paise, closes at 95.73 against US dollar

May 26, 2026, 04:27 PM - 3 min read

The rupee weakened by 47 paise to settle at 95.73 (provisional) against the US dollar on Tuesday amid renewed geopolitical tensions in West Asia and a sharp rise in crude oil prices.

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Spike in oil prices; Sensex down 480 points

May 26, 2026, 04:19 PM - 3 min read

The 30-share BSE Sensex dropped 479.26 points, or 0.63 per cent, to settle at 76,009.70.

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Rupee falls 17 paise to 95.43 against US dollar in early trade

Rupee falls 17 paise to 95.43 against US dollar in early trade

May 26, 2026, 10:14 AM - 3 min read

Brent oil prices rose after they touched USD 93 per barrel with reports of fresh attacks against Iran offsetting hopes of a deal to reopen Strait of Hormuz.

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Crude oil prices surge to $100 a barrel

Crude oil prices surge to $100 a barrel

May 26, 2026, 09:51 AM - 2 min read

The skirmishes have raised fresh uncertainty in global oil markets that had begun pricing in a possible easing of tensions between the two sides.

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