Latest News

Rupee gains 33 paise to 92.85 against US dollar in early trade

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

Mumbai, Apr 6 (PTI) The rupee gained 33 paise to 92.85 against the US dollar in early trade on Monday, following RBI’s tightened rules to curb speculative positions, capping banks’ net open positions at USD 100 million, even as global developments continued to act as a risk. Forex traders said the domestic unit continued to reel under pressure due to unabated withdrawal of foreign capital, a strengthening dollar, and rising crude oil prices amid a volatile geopolitical situation. At the interbank foreign exchange, the local unit opened at 93.13, then gained further ground to touch 92.85 against the greenback, up 33

India retail vehicle sales jump 25.3% in March, dealers flag near-term West Asia supply risks

April 6 (Reuters) – India’s auto dealers warned of ​possible supply disruptions ‌in the near term, from the ​West Asia conflict, ​even as Indian retail ⁠vehicle sales ​rose 25.28% in March, ​closing the financial year on a strong ​note on sustained ​momentum from tax cuts ‌that ⁠improved affordability, the Federation of Automobile Dealers Associations (FADA) said ​on ​Monday. Passenger ⁠vehicle sales rose 21.48% year-over-year ​in March, ​while ⁠two-wheeler sales rose 28.68% and commercial ⁠vehicle ​sales rose ​15.12%, FADA said.

Asian shares mostly gain while oil prices keep rising

TOKYO, April 6, 2026 (AP) — Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next. Japan’s benchmark Nikkei 225 rose nearly 1.1% to 53,692.42 in morning trading. South Korea’s Kospi gained 1.5% to 5,460.24. Trading was closed in Australia for Easter, and in Hong Kong and Shanghai for a traditional Chinese holiday. The Tuesday deadline Trump has given for Iran to open the Strait of Hormuz is looming. Some analyst fear the war may escalate after that. Over

Oil prices rise as US-Israeli war with Iran continues to disrupt supply

TOKYO, April 6 (Reuters) – Oil prices climbed on Monday ‌on continuing fears of supply losses because of shipping disruptions in the key Middle East producing region from the U.S.-Israeli war with Iran. Brent crude futures rose $1.71, or 1.6%, to $110.74 a barrel by 0057 GMT. U.S. West Texas Intermediate crude futures gained $0.71, or 0.6%, to trade ​at $112.25 per barrel. On Thursday, the last trading day before the Good Friday holiday break, WTI ​settled up more than 11% and Brent soared nearly 8% in volatile trading, recording ⁠their biggest absolute price increase since 2020, as U.S. President

1 … 76 77 78 79 80 … 1,340