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rupee rallies

Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict

As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting. Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience.The...
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Green SM EV cab service now in India! Ola, Uber rival details

India’s ride-hailing market has a new entrant. Green SM, the all-electric cab service operated by Vietnam’s Vingroup, has officially begun operations in India from June 5, 2026, starting with Delhi-NCR. The company plans to deploy around 10,000 electric vehicles in the NCR region alone.The platform arrives as a challenger to players like Ola and Uber....
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Chips are down — but not for the Dow

Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Wall Street had...
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Gold price prediction: What’s the outlook for gold prices on June 5, 2026 & what should investors do?

Gold’s intraday technical structure remains weak following a decisive breakdown below key support levels. (AI image) Gold price prediction today: Gold prices seem to be exhibiting weak intraday bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy.Gold August futures on MCX are trading near...
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DK Shivakumar goes into damage-control mode after ‘closest of friend’ Ramalinga Reddy’s cabinet exit in Karnataka | India News

NEW DELHI: Karnataka chief minister DK Shivakumar on Friday reacted to Ramalinga Reddy’s resignation as minister, saying there was “nothing to worry” about. Reddy’s resignation came days after Siddaramaiah’s exit from CM post and Shivakumar’s elevation as the state’s new chief minister.The transition of power in Karnataka came after intense buzz and discussions within the...
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