Rupee Plunges to Record Low of 95.40 Against US Dollar as Crude Oil Surge Intensifies Pressure
Soaring global crude prices, persistent dollar demand from oil marketing firms, and fresh geopolitical tensions in the Strait of Hormuz push the Indian currency to an unprecedented trough.
NSE Launches Electronic Gold Receipts; Poised to Streamline Bullion Trading in India
The National Stock Exchange introduces a new trading segment for Electronic Gold Receipts, aiming to bridge the gap between physical gold ownership and the formal financial market with enhanced transparency.
Centre Conducts Over 1,900 Raids, Suspends 74 LPG Distributors to Curb Hoarding Amid Supply Push
Government prioritises domestic LPG delivery with 47 lakh cylinders supplied in a single day as a Marshall Islands-flagged carrier carrying Indian cargo safely crosses the Strait of Hormuz
Apple’s iPhone Becomes India’s Top Single-Branded Export at ₹2 Lakh Cr
Driven by the PLI scheme, Apple’s iPhone exports from India have surpassed the monumental ₹2 lakh crore mark in FY26, eclipsing traditional sectors like diesel and diamonds. The tech giant now accounts for a staggering 75% of the nation's total smartphone exports.
Crypto Market Recovers Amid Global Tensions; Dogecoin Only Weekly Gainer
Amid escalating geo-political tensions between Iran and the United States, the global crypto market cap rose 1.14% in the last 24 hours. While top assets remain green today, Dogecoin stands out as the sole performer maintaining growth on a weekly basis.
US Crypto Bill: Coinbase-Bank Deal on Stablecoin Yields Ends Policy Deadlock
Following a prolonged deadlock over stablecoin rewards, a crucial compromise between major US banks and crypto exchanges like Coinbase has been reached. This breakthrough on yield provisions is expected to pave the way for the long-awaited crypto market structure legislation in the Senate.
Asian Markets Rebound on Strong Corporate Earnings and Easing Oil Pressure
Asian share markets witnessed a wave of relief on Friday as the pace of decline in oil prices slowed, strong quarterly earnings from major technology companies boosted investor sentiment in tech stocks, and Japan intervened in the currency market to support the yen for the first time in two years.
Commercial LPG Cylinder Prices Hiked by Up to ₹998.5 from May 1, Hotel Meals Likely to Get Costlier
Starting today, 19 kg commercial LPG cylinders have become more expensive across major cities, with prices rising by nearly ₹1,000. The hike is expected to increase the cost of food in hotels and restaurants, while domestic 14.2 kg LPG cylinders and retail petrol-diesel prices remain unchanged.
Indian Economy faces new risks: West Asia conflict, inflation, and weather hurdles
The Union Finance Ministry’s latest monthly economic review identifies the ongoing West Asia conflict and potential El Niño-induced monsoon deficiencies as critical threats to India’s macroeconomic stability, trade, and financial flows in the current fiscal year.
India Eyes 100% Ethanol Fuel Push Amid Rising Global Energy Crisis: Gadkari
Union Minister Nitin Gadkari stresses urgent need for energy self-reliance as West Asia tensions disrupt oil supply chains, highlights ethanol blending, green hydrogen, and alternative fuels as key to India’s sustainable mobility future
