Business -

Rupee extends winning streak, rises to 94.96 against dollar as RBI tightens forex rules

TazaPulseOctober 13, 2026

Rupee jumps to 95 per dollar Rupee extended its winning streak on Tuesday, strengthening to 94.96 against the US dollar. The currency opened at 95.53 in the interbank market and rose 82 paise or 0.7% from its previous close. The latest gains come after rupee’s sharp rally on Monday, when it rose 93 paise to...

Stock Market Today Live Updates: BSE Sensex jumps over 600 points, NSE Nifty50 rises above 22,500

TazaPulseOctober 13, 2026

Dalal Street began the session in green as crude oil prices eased slightly, though persistent foreign investor outflows and rising retail inflation weigh kept investors cautious. In the previous session, NSE Nifty 50 closed at 22,363.35, while BSE Sensex settled at 72,638.70, with both benchmarks ending lower despite opening gains. Market direction is likely to...

Despite volatility in September, SIP flows hit new high of 32.5k crore

TazaPulseOctober 13, 2026

MUMBAI: Monthly gross inflows through the systematic investment plan (SIP) route inched to a new record at Rs 32,490 crore in Sept, demonstrating retail investors’ resilience to the volatilities in the stock market, industry players said.During the month, net inflows into equity schemes also showed a positive trend, data released by mutual fund industry trade...

Oil prices hold near $105 per barrel as Trump eases sanctions on Russian fuel

TazaPulseOctober 13, 2026

Crude holds near $105 per barrel Oil prices edged lower on Tuesday after rising by nearly $2 a barrel in the previous session, as traders weighed the risks to supplies from attacks on Saudi Arabia against the prospect of additional diesel supplies from Russia.West Texas Intermediate (WTI) crude was trading at $92.84 a barrel, down...

future retail chairperson kishore biyani

Bank of India declares Biyani co account as fraud

TazaPulseOctober 13, 2026

MUMBAI: Bank of India has declared Kishore Biyani’s Future Enterprises Ltd’s account, with outstanding dues of Rs 575.4 crore, as fraud and reported it to RBI on Monday. The bank has made provisions for the entire outstanding amount. Future Enterprises was admitted to the corporate insolvency resolution process by the Mumbai bench of NCLT in...

Sir Dorabji Tata Trust gets time till October 19 to respond to complaints

TazaPulseOctober 13, 2026

MUMBAI: Sir Dorabji Tata Trust (SDTT) has been granted time until Oct 19 to file its response to complaints lodged by vice-chairmen Venu Srinivasan and Vijay Singh, who have alleged that the trust exceeded its charitable mandate by intervening in the commercial and strategic affairs of Tata Sons.The duo filed complaints with the Maharashtra Charity...

Sensex falls 548 points amid volatile trade

TazaPulseOctober 13, 2026

MUMBAI: Dalal Street witnessed heightened volatility on Monday with the sensex swinging over 1,200 points from a sharp rally in the first few minutes to a sudden dive below the previous close and finally settling in the red.In early trade, the indices rallied on the back of RBI’s weekend measures to support the rupee-which gained...

Rupee gains 96 paise as RBI curbs begin to take effect

TazaPulseOctober 13, 2026

MUMBAI: The rupee rose 96 paise to 95.77 per dollar on Monday after fresh measures to curb dollar demand and speculative positions, even as banks sought relaxation of the new foreign exchange restrictions, more time for compliance and clarity on operational issues. The currency has weakened around 6.5% this year.The recovery may prove temporary unless...

Economic settlement not resolved: Mallika, Lakshmi

TazaPulseOctober 13, 2026

CHENNAI: Lakshmi Venu and Mallika Srinivasan have said the economic settlement within the Venu Srinivasan (VS) family remains unresolved, disputing suggestions that a division of assets has been completed.In a joint statement issued amid recent media reports, Lakshmi Venu and Mallika Srinivasan, daughter and wife of Venu Srinivasan, respectively, said no agreement on the division...

Sunil Mittal gets highest French civilian award

TazaPulseOctober 13, 2026

Bharti Enterprises founder and chairman Sunil Bharti Mittal NEW DELHI: Sunil Bharti Mittal, Bharti Enterprises founder and chairman, has been named a Chevalier de l’Ordre national de la Legion d’Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron. Established in 1802 by Napoleon Bonaparte, this is the highest...