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Rupee recovers marginally from all-time low, settles at 91.62 against US dollar

Mumbai, Jan 22 (PTI) The rupee rebounded marginally from its all-time low levels and gained 3 paise to close at 91.62 (provisional) against the US dollar on Thursday, on suspected RBI intervention and a positive trend in domestic equities. Forex traders said comments from US President Donald Trump at Davos helped shift sentiment, as he confirmed that a framework for a future Greenland agreement has been reached and that tariffs scheduled for February 1 would not be implemented. At the interbank foreign exchange, the rupee opened at 91.54 then gained ground to touch an intraday high of 91.48 against the

Markets rebound after 3-day slide on easing geopolitical tensions; Sensex gains 400 pts

Mumbai, Jan 22 (PTI) Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37. During the day, the benchmark surged by 873.55 points, or 1.06 per cent, to hit an intraday high of 82,783.18. The 50-share NSE Nifty rose 132.40 points, or 0.53 per cent, to settle at 25,289.90. In the intraday session, the index appreciated by 278.25 points, or 1.10

Trump’s European threats could make it harder for future US leaders to repair ties

WASHINGTON, January 22, 2026 (AP) — Barely a month into his presidency, Joe Biden had a message for Europe. “America is back,” Biden told the Munich Security Conference in 2021. “The transatlantic alliance is back.” It was a promise Biden delivered often as he sought to cast the disruptions of his predecessor, Donald Trump, as an anomaly. But nearly five years later, Biden’s assurances have proven short-lived. In his second term, Trump has cast aside alliances forged over seven decades with Europe that helped lead to the reunification of Germany and the collapse of the Soviet Union. He has hectored

Markets jump 1 pc on easing global trade tensions; PSU Banks, Auto stocks shine

Mumbai, Jan 22 (PTI) Stock market benchmark indices Sensex and Nifty jumped 1 per cent in early trade on Thursday, led by advances in PSU banks, Services and Auto stocks as global sentiment improved after easing geopolitical trade tensions, lifting the investor sentiment. On Thursday, the 30-share BSE Sensex climbed 774.04 points, or 0.94 per cent, to 82,683.67 in early trade. The 50-share NSE Nifty rose 233.85 points, or 0.93 per cent, to 25,391.35. From the 30-Sensex firms, Tata Steel, Adani Ports, Asian Paints, Bharat Electronics Ltd, State Bank of India, Sun Pharmaceuticals, Kotak Mahindra Bank, Eternal, Trent, Mahindra &

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