Rupee rises 8 paise to 88.62 against US dollar in early trade

Rupee rises 8 paise to 88.62 against US dollar in early trade

Dollar slips as markets shift The U.S. dollar eased, with the dollar index falling 0.16% to 99.90. Traders dialed back on dollar bets as market focus shifted to interest-rate expectations, economic data and risk appetite across global markets. Why the dollar moved Rate expectations: Small changes in expectations for Federal Reserve policy can move the … Read more

Gold steadies as traders assess outlook for US interest rates

Gold steadies as traders assess outlook for US interest rates

Bullion remained perched above $3,980 an ounce, a level that keeps the precious metals market in focus for investors seeking safety and portfolio diversification. Why bullion is holding firm Safe-haven demand: Economic uncertainty and geopolitical tensions often push investors toward precious metals as a hedge. Inflation concerns: Persistent inflationary pressures can boost interest in bullion … Read more

Aurobindo Pharma Q2 net rises 4% to ₹848 crore

Aurobindo Pharma Q2 net rises 4% to ₹848 crore

Formulations accounted for ₹7,325 crore of revenue, up from ₹6,640 crore a year earlier — a 10.3% year‑on‑year increase. That rise reflects a stronger contribution from finished pharmaceutical products within the company’s revenue mix. Key takeaways Formulations revenue grew to ₹7,325 crore, marking a 10.3% YoY increase. The jump from ₹6,640 crore suggests improving demand … Read more

RBI’s shadow, Asia tailwind likely to lift rupee at open

RBI’s shadow, Asia tailwind likely to lift rupee at open

Market snapshot The 1-month non-deliverable forward (NDF) suggests the Indian rupee will open in the 88.60–88.62 range versus the US dollar. The onshore rupee had settled at 88.6550 on Tuesday, so the NDF implies a marginally firmer start to the session. What the NDF is telling traders An NDF quotes market expectations for the currency’s … Read more

Personal loans: Check THESE key points before you decide to borrow

Personal loans: Check THESE key points before you decide to borrow

Household borrowing climbed sharply after the Covid years, leaving many families with higher monthly obligations. If you’re thinking of taking a personal loan or any other unsecured credit, a quick reality check can save stress and money down the road. Why many households borrowed more Income disruptions: Job losses and reduced work hours pushed people … Read more

Eternal’s District plays hardball with new sports booking feature

Eternal’s District plays hardball with new sports booking feature

Eternal widens going-out offerings beyond movies and dining Eternal is pushing further into the going-out market by adding new activity categories to its platform. Moving past the familiar arenas of cinema bookings and restaurant reservations, the company is now targeting lifestyle and fitness experiences that appeal to younger customers. Why young users are central to … Read more