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1787701207 rbi

RBI turns net buyer of dollars in June

Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central...
union minister of commerce and industry piyush goyal

BIS, comm min will work to support high-tech industries

Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking...
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Cramer says Nvidia has become ‘all-important’ to the AI trade. Here’s what to watch beyond the numbers

Key Points CNBC’s Jim Cramer said Nvidia has become so central to the AI ecosystem that its earnings are effectively a referendum on the entire AI trade. He said that despite concerns around competition, data-center opposition, memory shortages and AI financing, Cramer remains bullish on Nvidia. CNBC’s Jim Cramer said Tuesday Nvidia has become so...
108304899 1778500062261 gettyimages 2274954651 US HOME SALES

Cash is no longer king in home sales

Prospective buyers depart an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images As the residential real estate market continues to lose steam, competition is weakening, and cash is no longer necessary to win a deal. The share of cash sales during the first four...
108351250 1787093366694 gettyimages 2290477851 FLORIDA PRIMARY

Why markets care about the election

“Vote Here” signage outside a polling location at Westchester Regional Library during a primary election in Miami, Florida, US, on Tuesday, Aug. 18, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from...
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