The Sen Times

Mumbai, Jul 8 (PTI) The rupee tanked 59 paise to settle at 95.55 (provisional) against the US dollar on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. The US military attacked Iran early Wednesday after it said Tehran struck three ships in the Strait of Hormuz, part of an American effort that also revoked the Islamic Republics ability to openly sell crude oil in the world market

MUMBAI, Jul 8 (PTI) Equity benchmark indices Sensex and Nifty fell sharply by over 2 per cent during the fag-end of the trade on Wednesday amid reports that the US President Donald Trump said the interim agreement with Iran is over, leading to a sharp rally in crude oil prices. The 30-share BSE Sensex tanked 1,722.99 points, or 2.20 per cent, to 76,457.73 in intraday trade. The 50-share NSE Nifty tumbled 530.05 points, or 2.17 per cent, to 23,868.65. All the 30-Sensex firms were trading in the r

Mumbai, Jul 8 (PTI) The rupee slipped 20 paise to 95.16 against the greenback in early trade on Wednesday as the US launched fresh strikes on Iran after Tehran struck three ships in the Strait of Hormuz, pushing up crude oil prices and strengthening the dollar. A weaker opening in the domestic equity markets further pressured the local unit, according to forex traders. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar before slipping further to 95.16, down

Mumbai, Jul 7 (PTI) The rupee appreciated 48 paise to close at 94.95 (provisional) against the US dollar on Tuesday, on improved global risk sentiments as higher traffic flows through the Strait of Hormuz reduced supply uncertainties. Forex traders said market sentiment was also buoyed after Saudi Arabia slashed August crude oil prices for Asia by USD 11 per barrel. Moreover, softness in Brent oil prices will ease inflationary pressures for India, the worlds third-largest oil importer, market an

Mumbai, Jul 7 (PTI) The rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Forex traders said lower Middle East risk premium and higher traffic from the Strait of Hormuz kept the oil prices lower. At the interbank foreign exchange market the rupee opened at 95.33 and later touched 95.28 against the Amer

Mumbai, Jul 6 (PTI) The rupee depreciated 20 paise to close at 95.38 (provisional) against the US dollar on Monday, as a strengthening greenback weighed on emerging market currencies. At the interbank foreign exchange market, the rupee opened at 95.25 against the American currency and traded in a range of 95.22-95.48 during the session. The rupee finally closed at 95.38 (provisional), down 20 paise from its previous close. On Friday, the rupee appreciated 17 paise to close at 95.18 against the U

Mumbai, Jul 6 (PTI) The rupee fell 10 paise to 95.28 against the American currency in early trade on Monday, weighed down by the broad strength of the American currency in the overseas market. Forex traders said whenever fresh foreign inflows enter the country, the central bank is likely to use the opportunity to rebuild its reserve position rather than allowing the rupee to strengthen too much. Moreover, uncertainty prevailed over the progress of US-Iran peace talks keeping a geopolitical risk

July 6 (Reuters) Indias retail car sales rose 28.6% in June, with compressed natural gas and other alternative-fuel-powered vehicles accounting for a record 40.35% of total sales, after fuel prices jumped following the war in Iran, the Federation of Automobile Dealers Associations (FADA) said on Monday.

Mumbai, Jul 3 (PTI) Benchmark equity indices Sensex and Nifty ended higher on Friday, extending their winning momentum to the third day running, amid a rally in IT stocks and a softer-than-expected US jobs data tempering expectations of near-term monetary tightening by the Federal Reserve. The 30-share BSE Sensex climbed 261.79 points, or 0.34 per cent, to settle at 77,763.91. During the day, it jumped 655.4 points, or 0.84 per cent, to 78,157.52. The 50-share NSE Nifty went up 95.15 points, or

Mumbai, Jul 3 (PTI) The rupee appreciated 14 paise to close at 95.21 (provisional) against the US dollar on Friday as the dollar index retreated from its recent 15-month high levels and mirrored positive domestic equities. Forex traders said despite a weaker dollar index and lower crude oil prices, the rupee is facing pressure from robust dollar demand from importers and corporate hedgers. At the interbank foreign exchange market, the rupee opened at 95.20 against the American currency and trade

Mumbai, Jul 3 (PTI) Benchmark indices Sensex and Nifty surged in early trade on Friday amid a rally in IT stocks and a softer-than-expected US jobs data tempering expectations of near-term monetary tightening by the Federal Reserve. The 30-share BSE Sensex jumped 545.89 points to 78,048.01 during initial trade. The 50-share NSE Nifty surged 173.85 points to 24,346.90. From the Sensex pack, HCL Tech, Bajaj Finserv, Tata Steel, Tech Mahindra, Bharat Electronics and Tata Consultancy Services were a

Mumbai, Jul 3 (PTI) The rupee appreciated 19 paise to 95.16 against US dollar in early trade on Friday, as the dollar index retreated from its recent 15-month high levels. Forex traders said despite a weaker dollar index and lower crude oil prices rupee is still facing pressure from robust dollar demand from importers and corporate hedgers. At the interbank foreign exchange market, the rupee opened at 95.20, then touched 95.16 against the US dollar, registering a gain of 19 paise from its previo

ROME, July 2, 2026 (AP) U.S. President Donald Trumps attacks on Italys premier have had an unintended consequence. After Trump questioned Italys reliability as a wartime ally and claimed Giorgia Meloni had groveled for his attention, European leaders rallied to Melonis side, thawing what had been a frosty relationship over her hard-right political roots. It is the latest example of how the often divisive American president is helping to draw Europe closer together. European leaders are finding

Mumbai, Jul 2 (PTI) The rupee pared initial gains and settled for the day on a negative note, lower by 18 paise at 95.34 (provisional) against the US dollar on Thursday, as the support from easing crude oil prices was negated by robust dollar demand from importers and corporate hedgers. Forex traders said the Indian rupee opened higher on an overnight decline in the US dollar following less hawkish comments from Fed Chair Kevin Warsh and a fall in crude oil prices. However, the rupee lost its in

Mumbai, Jun 25 (PTI) The rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains, forex traders said. At the interbank foreign exchange, the rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56. It settled at 94.39 (provisional

MUMBAI, June 24 (Reuters) RBI has proposed rules requiring banks to strengthen oversight of risks tied to AI and machine-learning models, mandating board-approved policies, stronger controls and model inventories. The Reserve Bank of India said banks must put in place a board-approved risk management framework covering all models, including those for AI and machine-learning. Regulated entities must assess risk at both the individual model level and across the enterprise on an ongoing basis, the

Mumbai, Jun 24 (PTI) Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday after falling sharply in the previous session, propelled by softening crude oil prices and hectic buying in bank, financial and IT shares. The 30-share BSE Sensex jumped 790.54 points, or 1.04 per cent, to settle at 76,991.22. During the day, it surged 989.69 points, or 1.29 per cent, to 77,190.37. The 50-share NSE Nifty climbed 197.55 points, or 0.83 per cent, to end at 24,021.65. From the Se

Mumbai, Jun 24 (PTI) The rupee appreciated by 11 paise to settle at 94.65 (provisional) against the US dollar on Wednesday on the back of a steep fall in global crude oil prices. Brent crude, the global oil benchmark, was trading lower by 2.05 per cent at USD 75.50 per barrel in futures trade. Positive sentiments in the domestic equity markets and FII inflows further supported the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 94.88 and traded in t

New Delhi, Jun 24 (PTI) Gold prices on Wednesday dropped Rs 1,853 to Rs 1,44,676 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, gold contracts for the August delivery traded lower by Rs 1,853, or 1.26 per cent, at Rs 1,44,676 per 10 grams in a business turnover of 1,585 lots. Analysts attributed the fall in yellow metal prices to weak global cues. Globally, gold futures declined by 0.64 per cent to USD 4,090.94 per ounce in New York.

Mumbai, Jun 23 (PTI) Stock market benchmark indices Sensex and Nifty were trading flat in a subdued trading on Tuesday, as investors stayed on the sidelines after the recent rally. Weak trends in Asian markets and fresh foreign fund outflows also led to the subdued trading in equities during the early deals. The 30-share BSE Sensex declined 57.43 points to 77,061.94 in early trade. The 50-share NSE Nifty dipped 31.6 points to 24,071.30. However, later both the benchmark indices were trading marg

Mumbai, Jun 22 (PTI) Stock market benchmark indices Sensex and Nifty rebounded in early trade on Monday following a decline in crude oil prices and supportive global cues. Fresh foreign fund inflows and buying in blue-chips Reliance Industries and HDFC Bank also added to markets optimism. The 30-share BSE Sensex climbed 407.12 points to 77,210.02 in early trade. The 50-share NSE Nifty surged 114.75 points to 24,129.95. From the 30-Sensex firms, Reliance Industries, Tech Mahindra, Infosys, Bajaj

Mumbai, Jun 22 (PTI) The rupee depreciated 15 paise to 94.48 against the US dollar in early trade on Monday, weighed down by the strength of the American currency in the overseas market. Forex traders said the rupee witnessed volatility as steady debt and deposit inflows pulled the domestic currency in one way, while a nervous Middle East and a firm dollar pulled it the other way. At the interbank foreign exchange market the rupee opened at 94.42, registering a decline of 9 paise from its previo

MUMBAI, June 19 (Reuters) Indias rate panel chose to adopt a wait and watch approach in keeping interest rates on hold earlier this month, to see if higher oil and food prices are likely to lead to more generalised inflation, minutes of the committees meeting released on Friday showed. A sharp rise in oil prices brought on by the Iran war has sent the Indian rupee tumbling and raised fears of a spike in inflation, prompting some in the market to wager on a hike in interest rates. The panel had,

Mumbai, Jun 19 (PTI) The rupee pared most of its initial gains and settled for the day higher by just 6 paise at 94.34 (provisional) against the US dollar on Friday, as a firming dollar index and rising crude oil prices weighed on investor sentiments. Forex traders said the rupee opened on a positive note, on optimism that trade negotiations between India and the US are set to gain momentum. Indian Foreign Secretary Vikram Misri on Thursday said trade was a major subject of discussion between Pr

Mumbai, Jun 18 (PTI) The rupee pared its initial losses and settled for the day 14 paise higher at 94.36 (provisional) against the US dollar, as the US and Iranian Presidents signed the peace agreement, boosting global market sentiments. Forex traders said market sentiments were buoyant after the United States and Iran electronically signed a memorandum of understanding aimed at ending hostilities and creating a framework for negotiations on Irans nuclear programme. Negotiators are expected to m

Mumbai, Jun 18 (PTI) The rupee depreciated 21 paise to 94.71 against the US dollar in early trade on Thursday on US Federal Reserves hawkish stance and the broad strength of the American currency in the overseas market. Forex traders said the dollar Index rose to 100.23 levels, a 4-month high, due to a hawkish FED. The FED Reserve held interest rates steady as widely anticipated but implied that at least one quarter-point rate hike would come later this year. At the interbank foreign exchange ma

Mumbai, Jun 16 (PTI) The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in U

New Delhi, Jun 16 (PTI) Researchers have developed a blood-based indicator of age of an organ that can be used to assess its current age and predict the risk of a disease that might affect it 10 years later. Ones biological age measures how well the body functions, compared to the chronological age. However, the organs inside the body are all said to be ageing at different speeds. The researchers, including those from the US Stanford University, looked at 11 separate organ systems brain, muscle

Mumbai, Jun 16 (PTI) Benchmark indices Sensex and Nifty rallied in early trade on Tuesday, driven by a positive trend in global markets and cooling crude oil prices following a peace deal between the US and Iran. Fresh foreign fund inflows also added to the positive trend in the domestic market. The 30-share BSE Sensex climbed 272.87 points to 76,537.20 in early deals. The 50-share NSE Nifty went up by 69.15 points to 23,921.55. From the 30-Sensex firms, HCL Tech, Bajaj Finance, Bajaj Finserv, H

Mumbai, Jun 16 (PTI) The rupee appreciated 5 paise to 94.53 against the US dollar in early trade on Tuesday, as a sharp decline in oil prices and easing Middle East tensions have shifted the near-term bias in favour of the domestic unit. Forex traders said the immediate threat to global energy supplies has significantly reduced, following easing of tensions in the Middle East. Brent crude fell more than 6 per cent, moving closer to the USD 82 per barrel mark. For India, which imports nearly 90 p

Hyderabad, Jun 16 (PTI) Cautioning against taking SIR lightly, Telangana Chief Minister A Revanth Reddy on Monday suggested to the ruling Congress leaders to monitor the exercise at the booth-level. Reddy, who attended a video conference organised by the state Congress, said the voters lists for the 2028 Assembly elections would be finalised in October, 2026. Observing that nothing much can be done if voters names are removed during the exercise, he said key leaders should be in touch with Booth

Mumbai, Jun 15 (PTI) The rupee rose 47 paise to settle at 94.71 (provisional) against the US dollar on Monday as global crude oil prices dropped sharply after US President Donald Trump announced that the US and Iran finalised a deal to end the war. A surge in the domestic equity markets and a weaker US dollar further drove the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 94.70 against the US dollar and traded in the range of 94.45-94.77. Eventually, it s

Kolkata, Jun 15 (PTI) The war of words between the Trinamool Congress and the BJP intensified after dissident TMC MPs announced their merger with the little-known NCPI and pledged support to the NDA, with Mamata Banerjees camp dismissing the move as ridiculous and the saffron party describing it as evidence of TMCs deepening crisis. Senior TMC MP Sougata Roy ridiculed the rebels decision to merge with the Nationalist Citizens Party of India, a Tripura-based registered unrecognised party, questio

NEW DELHI, June 12 (Reuters) India has barred commercial consumers from buying gasoline and and diesel from retail fuel stations and imposed limits on daily diesel purchases to prevent local shortages, amid disruptions to global supply chains due to the war in the Middle East. Retail fuel station dealers have been directed to sell up to 200 litres of diesel per customer or vehicle a day, according to a government order issued late on Thursday, adding the customers cannot resell the diesel. Comm

Mumbai, Jun 11 (PTI) The rupee plunged by 32 paise to 95.57 against the US dollar in early trade on Thursday following a rise in global crude oil prices as hostilities between the US and Iran continued. Heavy FII outflows, weak domestic equity market and a marginally stronger greenback further weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 95.55 against the US dollar before dropping further to 95.57. The local unit appreciated 16 paise to close at 95.25

WASHINGTON, June 10, 2026 (AP) Bill Gates will appear Wednesday before a congressional panel investigating the Jeffrey Epstein files, becoming the latest powerful figure linked to the disgraced financier to testify. Members of the House Oversight Committee are slated to interview the billionaire Microsoft co-founder behind closed doors, as they have done with other witnesses in the investigation. Transcripts are often released later. Republican U.S. Rep. James Comer, the committee chairman, for

Researchers at the University of Cambridge have developed what they describe as a fundamentally new type of vaccine using AI (artificial intelligence). The vaccines key component was designed entirely by AI and has now been tested in people for the first time. The goal is ambitious: a single vaccine that works not just against all known human coronavirus variants, but against related bat viruses that could jump from animals to humans and cause future pandemics. Traditional vaccines train our imm

Mumbai, Jun 10 (PTI) The rupee appreciated 14 paise to close at 95.27 (provisional) against the US dollar on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Forex traders said the rupee pared its initial losses and settled on a positive note as Brent crude oil prices and the US dollar index retreated from their elevated levels. Moreover, likely intervention from the Reserve Bank of India (RBI)

Thiruvananthapuram, Jun 10 (PTI) Kerala Chief Minister V D Satheesan on Wednesday said the Cabinet has decided that the Indira guarantee of free bus travel for women will initially be available on KSRTCs ordinary services from June 15. Satheesan, at a press conference after the Cabinet meeting chaired by him, said that the concession, called Priyadarshini, in its current format will cost the KSRTC over Rs 60 crore per month or around Rs 800 crore annually. He further said that the concession wil

Mumbai, Jun 10 (PTI) The rupee depreciated 15 paise to 95.56 against the US dollar in early trade on Wednesday as fresh escalations in the West Asia war lead to a spike in crude oil prices and pressurised the rupee. Forex traders said the USD/INR pair opened on a negative note after US President Donald Trump said Iran was responsible for downing an American military helicopter near the Strait of Hormuz and that the US must respond to the attack. At the interbank foreign exchange market the rupee

Mumbai, Jun 9 (PTI) The rupee appreciated 25 paise to close at 95.36 (provisional) against the US dollar on Tuesday, as Brent crude oil prices and the US dollar index retreated from their elevated levels after a pause in US-Iran hostilities. Forex traders said besides the de-escalation of tensions in the West Asia war, likely intervention by the Reserve Bank of India, positive domestic markets and easing US treasury yields supported the rupee. At the interbank foreign exchange market, the rupee

Mumbai, Jun 9 (PTI) The rupee rose 20 paise to 95.41 against the US dollar in early trade on Tuesday as Brent crude oil prices and the US dollar index retreated from their elevated levels after a pause in US-Iran hostilities. Forex traders said the rupee opened on a positive note after Israel and Iran agreed to deescalate and ease strikes. At the interbank foreign exchange market the rupee opened at 95.47, then touched 95.41, registering a gain of 20 paise from its previous close. On Monday, the

Mumbai, Jun 9 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Tuesday in-tandem with a recovery in global equity markets and easing of hostilities between Israel and Iran. After falling sharply in the previous trade, the 30-share BSE Sensex climbed 350.57 points to 73,874.83 during early deals. The 50-share NSE Nifty went up by 114.50 points to 23,237.50. From the 30-Sensex firms, Trent, ICICI Bank, InterGlobe Aviation, Axis Bank, Mahindra & Mahindra and Bajaj Finserv were a

BENGALURU, June 8 (Reuters) Indias inflation likely rose to the Reserve Bank of Indias medium-term target of 4% in May, driven by a pickup in vegetable prices and higher fuel costs following the U.S. and Israel war against Iran, a Reuters poll of economists showed. Inflation has remained below the RBIs 4% target for 15 consecutive months. But that benign trend is unlikely to continue, with state-owned fuel retailers raising fuel prices four times in May alone, pushing up transport costs, while

Mumbai, Jun 8 (PTI) The rupee depreciated 56 paise to settle at 95.74 (provisional) against the American currency on Monday, pressured by elevated crude oil prices and the strength of the US dollar in the overseas market due to higher risk aversion amid escalating geopolitical tensions. Forex traders said the USD/INR pair erased the previous trading sessions gains on risk aversion in global markets. Further, a sharp jump in crude oil prices and a rise in the US dollar index dented investor senti

Ranchi, Jun 7 (PTI) The ruling INDIA bloc in Jharkhand on Sunday announced that its two Rajya Sabha nominees one each from the JMM and the Congress will file their nomination papers on Monday, asserting that the alliance is united and confident of winning both seats. The decision was taken at a meeting of INDIA bloc legislators chaired by Chief Minister Hemant Soren at his official residence here. JMM has fielded former minister Baidyanath Ram, while the Congress has nominated senior party fun

June 5 (Reuters) Indian companies are willing to deepen their presence in Venezuela, Oil Minister Hardeep Singh Puri told Venezuelas interim President Delcy Rodriguez when they met in New Delhi on Thursday. Rodriguez has invited an Indian energy delegation to visit and explore opportunities in the South American countrys energy sector, Indias oil ministry said in a statement on Friday.

Mumbai, Jun 4 (PTI) The rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. Forex traders said the prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of Indias MPC rate decision on June 5, as inflation, growth and the rupee

Mumbai, Jun 3 (PTI) The rupee depreciated 28 paise to 95.64 against the US dollar in early trade on Wednesday, after the US Trade Representative proposed 12.5 per cent additional duties on India and 53 other countries over forced labour import violations. Forex traders said the US Trade Representatives action, amid fresh hostilities and stalled talks between the US and Iran, weighed on investor sentiment. At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar,

New Delhi, Jun 2 (PTI) The Centre has formed a one-member committee to inquire into matters relating to the procurement of services for the on-screen marking system by the CBSE. The committee will be chaired by S Radha Chauhan, Chairperson, Capacity Building Commission, a memorandum issued by the Cabinet Secretariat said on Tuesday. Chauhan has been empowered to obtain the assistance of officials from other departments, as required, while the Capacity Building Commission will provide secretarial