Rupee rises 10 paise against US dollar Rupee began Thursday on a positive note, recovering 10 paise to trade at 96.65 against the US dollar in early deals. The recovery comes amid likely intervention by the Reserve Bank of India, which may have helped the currency hold ground despite continued pressure from global and domestic…
US mortgage rate climbs to three year high US mortgage rates have soared to their highest level in nearly three years, with the sharp rise in borrowing costs adding to pressure on the housing market as Americans head towards November 3 elections.The average rate for a 30-year fixed-rate mortgage rose 19 basis points to 7.49%…
BSE Sensex and NSE Nifty50 ended Wednesday on a lower note, after two straight sessions of gains, with the RBI’s 25-basis-point repo rate increase and its shift to a “calibrated tightening” stance weighing on sentiment. The 30-share BSE Sensex fell 429.11 points, or 0.59%, to 72,638.70, with 26 constituents closing lower and four higher. The…
Top stocks to buy or sell on October 8, 2026 Top stock market recommendations: GAIL, and IndiGo (Interglobe Aviation) are the top stocks to buy today (October 8, 2026), while Hindustan Zinc is a sell call, according to Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. He has shared his target…
Crude oil prices continue to rally Oil prices inched higher on Thursday as concerns over supply from the Middle East intensified amid a rise in attacks on vessels in the Gulf and the Strait of Hormuz.Brent crude was trading at $101.50 a barrel, up $1.32 or 1.32%, while WTI crude stood at $89.28, gaining $1…
NEW DELHI: Be prepared to shell out higher mobile tariffs. Bharti Airtel will from Thursday hike postpaid tariffs by 3- 10%. India’s second-largest telecom operator has included free international roaming (for one trip per SIM) worth Rs 2,000 in all postpaid plans, which will go up by Rs 50. The new postpaid plan rental plans…
BENGALURU: Premium spirits are growing several times faster than cheaper liquor in India, with higher-priced products gaining a larger share of sales, according to a report by industry body International Spirits and Wines Association of India (ISWAI).Sales volumes in the premium segment grew at a compound annual rate of 10.2% between 2022 and 2025. That…
Elon Musk says ‘oligarchs’ want to maintain a monopolistic chokehold NEW DELHI: Elon Musk has hit out at “certain oligarchs”, who he alleged were “blocking” Starlink’s entry into India.The trillionaire’s comments came on a day when Starlink, the company owned by him, said at India Mobile Congress (IMC) that it was ready to start service…
File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai (Picture credit: Reuters) MUMBAI: In a move that could hurt consumption during the festive season, mortgages and other loans are set to become more expensive, while deposits will start yielding higher returns in a few weeks, with Reserve…
The Reserve Bank of India (RBI) has enabled interoperability between account aggregators. (Image for representative purpose only) Soon, your Consolidated Account Statement (CAS) will reflect details from your mutual funds, insurance, banks and fixed deposits.The Reserve Bank of India (RBI) has enabled interoperability between account aggregators (AAs), a move that will allow customers to share…
