Rupee falls against dollar due to geopolitical tensions and oil prices, RBI expected to cut rates, equity market mixed

European markets were trading higher. U.S. markets ended in the positive territory on Tuesday

As per the RBI calendar, banks will be closed on 12 days in June 2025. These include regular weekly offs—Sundays and the 2nd and 4th Saturdays—along with festival holidays such as Bakrid, Rath Yatra, and Saint Kabir Jayanti.

 This development comes as both nations prepare for a fresh round of talks this week on the proposed bilateral trade agreement aimed at doubling trade to $500 billion by 2030.

IPL 2025: The frenzy of RCB's win was so widespread that long queues formed outside liquor outlets across major cities in Karnataka by early Wednesday morning

The uptick in services activity comes at a time when the May PMI for manufacturing fell to a three-month low, dragged down by the India-Pakistan conflict and cost inflation

Sensex ended 260.74 points or 0.32 per cent up at 80,998.25 while Nifty closed 77.70 points or 0.32 per cent high at 24,620.20.

Meanwhile, the dollar index was trading lower by 0.12% at 99.11

Vedanta Ltd is poised to raise up to Rs 5,000 crore through private placement of secured non-convertible debentures (NCDs). The offering, with staggered maturities, features a coupon of around 9.35%-9.45%, higher than sovereign bond yie ...more

 The investment includes both a primary capital infusion and a secondary component, facilitating a partial exit for an existing investor.

The investment bank notes that while the dollar was buoyed in recent years by strong US economic performance and high interest rates, slowing growth and shifting capital flows now pose risks.

The brand sold 223 electric vehicles in May this year, compared to 156 units in May 2024.

Nvidia reclaimed the title of the world's most valuable company, surpassing Microsoft with a market valuation of $3.45 trillion. Its stock soared 24% last month.