The Indian rupee climbed to 94.49 against the US dollar, its strongest level in seven weeks, after a US-Iran peace agreement triggered a sharp decline in global oil prices. With India heavily dependent on imported crude, lower energy costs are easing pressure on the current account deficit, supporting the currency, and improving the outlook for inflation and monetary policy. Investors are now watching whether the peace deal is formally signed and whether oil prices continue to trend lower.
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The Indian rupee climbed to 94.49 against the US dollar, its strongest level in seven weeks, after a US-Iran peace agreement triggered a sharp decline in global oil prices. With India heavily dependent on imported crude, lower energy costs are easing pressure on the current account deficit, supporting the currency, and improving the outlook for inflation and monetary policy. Investors are now watching whether the peace deal is formally signed and whether oil prices continue to trend lower.
The RBI kept the repo rate unchanged at 5.25% in its June 2026 MPC meeting while lowering FY27 GDP growth estimates to 6.6% and raising inflation projections to 5.1%. The central bank also announced several measures to attract foreign capital and strengthen India's external sector amid rising global uncertainties.
As part of the changes, the existing 12% and 28% slabs have been removed. While 5% and 18% slabs are in place.
It is significant to remember that the budget from the previous year had made room for projects in Bihar and Andhra Pradesh
The appointment shall be made for a maximum period of five years from the date of assumption of charge or till attaining the age of 65 years of the appointee
According to the trade association, the dry fruit market in India is expected to reach USD 12 billion by 2029, expanding at a compound annual growth rate of 18%.
Indian Benchmark indices ended sharply lower on June 23, 2026, as a 10% crash in South Korea's Kospi, weakness in IT stocks following Accenture's cautious outlook, and renewed concerns over higher US interest rates triggered broad-based selling. Nifty fell 278.80 points to 23,824.10, while Sensex declined 893.39 points to 76,200.68. Metal and IT stocks led losses, while Pharma emerged as the lone sectoral gainer amid defensive buying.
Sensex fell 948 points and Nifty dropped 298 points amid global market weakness, FII selling, and sector-wide pressure in IT and metals. Here’s a detailed breakdown of key reasons and outlook.
Indian benchmark indices ended higher for the fifth consecutive session as lower crude oil prices, easing geopolitical tensions, and optimism surrounding the India-UK Free Trade Agreement supported investor sentiment. Banking, realty, cement, and pharma stocks drove the rally, while IT stocks remained under pressure following hawkish US Federal Reserve commentary.
CDSL shares rose on positive investor sentiment driven by upcoming meetings with global institutional investors such as Citadel and Millennium Partners, robust financial performance, and SEBI's approval of key leadership appointments. The developments have strengthened confidence in the depository's growth prospects and governance framework.
Indian Benchmark indices ended sharply lower on June 23, 2026, as a 10% crash in South Korea's Kospi, weakness in IT stocks following Accenture's cautious outlook, and renewed concerns over higher US interest rates triggered broad-based selling. Nifty fell 278.80 points to 23,824.10, while Sensex declined 893.39 points to 76,200.68. Metal and IT stocks led losses, while Pharma emerged as the lone sectoral gainer amid defensive buying.
Sensex fell 948 points and Nifty dropped 298 points amid global market weakness, FII selling, and sector-wide pressure in IT and metals. Here’s a detailed breakdown of key reasons and outlook.
Indian benchmark indices ended higher for the fifth consecutive session as lower crude oil prices, easing geopolitical tensions, and optimism surrounding the India-UK Free Trade Agreement supported investor sentiment. Banking, realty, cement, and pharma stocks drove the rally, while IT stocks remained under pressure following hawkish US Federal Reserve commentary.
CDSL shares rose on positive investor sentiment driven by upcoming meetings with global institutional investors such as Citadel and Millennium Partners, robust financial performance, and SEBI's approval of key leadership appointments. The developments have strengthened confidence in the depository's growth prospects and governance framework.
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