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Tariff woes: Rupee sees worst fall in three weeks

Financial Express Bengaluru

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July 08, 2025

THE INDIAN RUPEE slumped on Monday as uncertainty about US tariff policies resurfaced with President Donald Trump's threat of a fresh 10% levy on BRICS countries compounding pressure on the local currency alongside peers like South African rand and Chinese yuan.

- JASPREET KALRA

Worries over U.S. trade policies dented risk sentiment across the board, pushing Asian currencies and equities into the red while US equity futures pointed to a weak return from the long weekend.

MEER VERHALEN VAN Financial Express Bengaluru

Financial Express Bengaluru

Government aims to cut steel emissions by 25%

STEEL MILLS AIM to cut carbon emissions by about a quarter over the next decade and reduce reliance on coal, while the world’s second-biggest producer of the alloy plans to more than double output.

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1 min

April 10, 2026

Financial Express Bengaluru

RIL limits fuel sales at ₹1,000 per pump

RELIANCE INDUSTRIES HAS capped fuel purchases across its retail outlets—limiting customers to about $1,034 worth of petrol or diesel — as the West Asia crisis continues to choke off supplies despite a tentative ceasefire.

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1 min

April 10, 2026

Financial Express Bengaluru

Banking system liquidity climbs to four-year high

GOVERNMENT SPENDING AND maturing government securities have boosted the banking system liquidity, which has touched a four-year high, said market participants.

time to read

1 mins

April 10, 2026

Financial Express Bengaluru

Wipro board to mull share buyback on April 16

WIPRO ON THURSDAY announced that it will consider a buyback of equity shares at a meeting of its board of directors scheduled for April 15-16.

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1 min

April 10, 2026

Financial Express Bengaluru

Lead petitioner exits Jindal Poly Films class action suit

INDIA'S FIRST CLASS action lawsuit saw a turn of events as the lead petitioner, Ankit Jain, sold his stake in Jindal Poly Films and thus, no longer has the legal standing to be a part of the minority shareholders

time to read

1 mins

April 10, 2026

Financial Express Bengaluru

RBI issues norms to ease cross-border payments

THE RESERVE BANK of India (RBI) has issued fresh directives to enhance the efficiency of inward cross-border payments, aligning with its Payments Vision 2025 and the G20 road map for faster, cheaper and more transparent transactions.

time to read

1 min

April 10, 2026

Financial Express Bengaluru

Bharat Forge board approves restructuring of German arm

Bharat Forge on Thursday said its board had approved the restructuring of the steel forging operations of its arm in Germany, including the consideration of closing it down due to

time to read

1 min

April 10, 2026

Financial Express Bengaluru

FY26 general insurance premium increases 9%

THE NON-LIFE INSURANCE industry closed fiscal 2026 with a 9% year-on-year increase in gross direct premium income at %3.36 lakh crore, aided by strong traction in the health insurance segment after the GST rate cut.

time to read

1 min

April 10, 2026

Financial Express Bengaluru

Q4 may show retail resilience

HANGING IN THERE

time to read

1 min

April 10, 2026

Financial Express Bengaluru

Realty sector sees 16% rise in PE deals, volumes at 7-yr high

INDIA'S REAL ESTATE sector recorded private equity (PE) deals worth $4.3 billion in FY26 —arise of 13% and 16% over FY24 and FY25, respectively —according to Anarock Capital’s FLUX FY26 report.

time to read

1 min

April 10, 2026

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