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Rupee rises 31 paise to 94.29 against US dollar in early trade

Mumbai, Jun 17 (PTI) The rupee appreciated 31 paise to 94.29 against the US dollar in early trade on Wednesday as Brent crude oil prices and the US dollar index retreated further from their elevated levels. Forex traders said the rupee opened on a positive note as Brent crude has fallen to near USD 79 per barrel — a three-month low — as markets price in the reopening of the Strait of Hormuz following the US-Iran framework. At the interbank foreign exchange market the rupee opened at 94.46, then touched 94.29, registering a gain of 31 paise from its previous

Stock markets extend rally in early trade on drop in crude oil prices

Mumbai, Jun 17 (PTI) Stock market benchmark indices Sensex and Nifty climbed in early trade on Wednesday following a decline in crude oil prices and a rally in IT firms. Extending its rally to the fourth day running, the 30-share BSE Sensex further climbed 271.61 points to 77,080.09 in opening trade. The 50-share NSE Nifty advanced 55.35 points to 24,044.50. From the 30-Sensex firms, Trent, Infosys, Tech Mahindra, Tata Consultancy Services, HCL Tech and Eternal were among the biggest winners. Axis Bank, Bajaj Finance, NTPC and Adani Ports were among the laggards. Brent crude, the global oil benchmark, traded 0.49

Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine

EVIAN-LES-BAINS, France, June 16, 2026 (AP) — The United States could soon reimpose sanctions on Russian oil shipments after President Donald Trump and fellow leaders at the Group of Seven summit of major industrialized democracies moved Tuesday to put the war in Ukraine back on top of their agenda, more than four years after Russia launched its full-scale invasion. The Iran conflict has in recent weeks overshadowed Ukraine, but following his announcement of an agreement to end the 3 1/2-month-old conflict in the Gulf, Trump said he now wants to focus on Ukraine. Trump said Iran will soon be “back

Gold slips Rs 200 in Delhi; silver trades flat amid subdued domestic demand

New Delhi, Jun 16 (PTI) Gold prices slipped marginally by Rs 200 in the national capital on Tuesday, while silver prices remained unchanged amid subdued local demand. According to marketmen, gold of 99.9 per cent purity fell Rs 200 to Rs 1,59,200 per 10 grams (inclusive of all taxes) from Monday’s closing level of Rs 1,59,400 per 10 grams. However, silver prices remained unchanged at Rs 2,60,700 per kg. Analysts said easing geopolitical tensions boosted sentiment in domestic equity markets and supported the rupee, prompting investors to move away from precious metals. However, firm global trends capped losses in the

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