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Rupee rises 6 paise to 85.44 against US dollar in early trade

A man counts Indian rupee currency notes inside a shop in New Delhi, India. (Photo: Reuters)

Mumbai, Jun 30 (PTI) The rupee appreciated 6 paise to 85.44 against the US dollar in early trade on Monday, supported by weakness of the American currency and easing crude oil prices amid rise in investor risk sentiments. Forex traders said the US dollar index weakened in the overseas market and was trading at 97 level, while Brent oil declined to USD 67 a barrel on prospects of more OPEC+ supply in August and easing risks in the Middle East. Moreover, the ceasefire between Iran and Israel brought much-needed relief to oil markets, cooling crude prices and reducing global demand

Markets fall in early trade after 4-day rally dragged by bank stocks

Mumbai, Jun 30 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Monday after a four-day rally amid emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE Nifty dropped 46.25 points to 25,591.55. From the Sensex firms, Mahindra & Mahindra, Bharti Airtel, NTPC, HDFC Bank, Kotak Mahindra Bank and Axis Bank were among the laggards. However, Larsen & Toubro, Trent, State Bank of India and Eternal were among the gainers. In the past four trading days, the Sensex jumped 2,162.11 points or 2.64 per

Agriculture a ‘red line’ in trade talks with US, Indian finance minister tells Financial Express

NEW DELHI, June 30 (Reuters) – India’s agriculture and dairy are “big red lines” in its ongoing trade negotiations with the United States, Indian Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on Monday. India and the U.S. are negotiating a trade deal ahead of President Donald Trump’s July 9 deadline to impose reciprocal tariffs. “Agriculture and dairy have been among very big red lines, where a high degree of caution has been exercised,” Sitharaman told the newspaper. “Yes, I’d love to have an agreement, a big, good, beautiful one; why not?” Sitharaman said, adding

Canadian PM Carney says trade talks with US resume after Canada rescinded tech tax

TORONTO, June 30, 2025 (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.” The Canadian government said “in anticipation” of a trade deal “Canada would rescind” the Digital Serves Tax. The tax was set to go into effect Monday. Carney and Trump spoke on the phone Sunday,

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