BUSINESS

Rupee posts biggest single-day gain in five years: Currency jumps 73 paise to 86.05 vs dollar, as oil slides on Iran-Israel ceasefire

The Indian rupee surged, marking its largest single-day gain in nearly five years, closing at 86.05 against the US dollar. This rebound was fueled by a significant drop in global crude oil prices and easing geopolitical tensions in West Asia. A weaker dollar and positive performance in domestic equities further bolstered the rupee.

TIMES OF INDIA
7 hours ago
Read Full Article

MORE TO CATCH UP

BUSINESS

Tata Motors says JLR ready for supply shocks, no US plant despite tariff hit; Avinya EVs delayed to late 2025

Tata Motors Group's JLR is navigating global supply chain disruptions, leveraging lessons from the semiconductor shortage. Despite US tariff hikes, JLR has no plans for US manufacturing, mitigating impact through market adjustments and ...more

TIMES OF INDIA
4 hours ago
BANKING

Govt cancels order to promote Pankaj Dwivedi to ED, Union Bank of India, makes him general manager

Case pending against Dwivedi in the Delhi High Court likely triggered move

THE HINDU BUSINESS LINE
5 hours ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!