The Indian rupee rose slightly on Tuesday, helped by a generally weaker dollar and the boost from a landmark trade deal between India and the European Union that is expected to cut tariffs on almost all Indian exports.The rupee closed at 91.72 per dollar, up 0.2% from Friday’s closing level. Indian financial markets were closed […]
According to Timothy Moe, Chief Asia Pacific Equity Strategist at Goldman Sachs, India could stage a comeback in 2026 after weak results last year, driven mainly by an improvement in earnings rather than valuation expansions.Speaking to ET Now, Moe said India was one of the most disappointing markets in Asia and emerging markets in 2025, […]
The Indian rupee is set for its biggest annual decline in three years, pressured by record equity outflows and the absence of a US trade deal that kept it out of the Asia rally, with prospects of a recovery linked to the trade pact. The rupee was trading at 89.8650 per US dollar at 10am […]
Mumbai: Information technology continued to bear the brunt of foreign sales as foreign investors sold shares worth ₹4,873 crore in the first half of November after selling ₹2,194 crore in October. The sector has witnessed foreign selling for the fourth month in a row, with foreign investors dumping shares worth over ₹70,000 crore between January […]