Latest Updates Around The World
File photo (photo credit: AP) Asian stock markets fell largely on Monday, led by sharp losses in Japan after the yen strengthened against the US dollar, hurting exporters’ shares. Japan’s benchmark Nikkei 225 fell 1.8% to 52,870.15, pressured by heavy selling at major exporters such as Toyota Motor Corp., whose shares fell 4%.Markets across the […]
The sharp fall in the rupee has given India’s IT sector a near-term profit cushion, but analysts caution against assuming a sustained revaluation. According to Sandip Agarwal, principal officer and co-founder of Sowilo Investment Managers, the recent rally in IT stocks is largely a defensive move as investors seek protection from currency volatility rather than […]
The rupee fell to an all-time low of 89.79/$1 intraday before being pulled out of the depths following reported central bank interventions, but still recorded an all-time low of 89.55/$1 as unwinding of short positions by the Reserve Bank of India (RBI) had led to stop losses in the market in the morning, traders said.The […]
MUMBAI: India’s outward remittances for education abroad fell 24% year-on-year to around $0.32 billion in August 2025, compared to $0.42 billion in August 2024. The figure was the lowest for August since 2017, a month that typically sees higher remittances at the start of the academic season in the US.“The 24% decline in remittances to […]
The market movement This last week can be explained quite clearly if you look at the streams. Mark expert Sunil Subramaniam In an interview with ET, now said that domestic institutional investors (Diis) consistent buyers have remained, even during volatility. The pressure comes entirely from foreign institutional investors (FIIs), whose sales this week was intensified […]
