Rupee opened higher at 82.58, up 13 paise from its previous at 82.72 per dollar on Tuesday amid steadiness in value of greenback against a basket of six peers. Global crude oil benchmarks fell on Tuesday supporting the currency. The local unit is expected to appreciate today amid weakness in the dollar and optimistic global […]
Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won’t be cutting interest rates any time soon offset China’s latest reopening plans.News that China’s mainland border with Hong Kong will be reopened after three years had sent Asian-Pacific shares outside Japan […]
En route to New Delhi this month, US officials proclaimed themselves satisfied that India is buying Russian oil below G-7 price caps designed to undercut Moscow’s war in Ukraine without disrupting global energy flows. Market experts — and even some of those involved in the energy trade — say it’s not so clear. India’s consumption of […]
By Rahul Shah The Sensex came under fag-end selling pressure to close in the red for the sixth straight session as risk-off sentiment prevailed amid unabated selling by foreign institutional investors and concerns over inflation. This is the longest weekly losing streak for Sensex and Nifty in over two years since the run ended in […]
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