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Indian rupee
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- 1Indian shares fall to near six-month low on oil price surgeβIndian shares hit near six-month low as US-Iran deadlock lifts oil prices
Indian stock markets slid to their lowest levels in almost six months as a deadlock in US-Iran negotiations pushed oil prices higher. Rising crude costs weigh heavily on India, a major oil importer, feeding concerns about inflation, corporate margins and the wider economy. Traders are watching for any sign of progress in the talks, with energy stocks and the rupee also in focus.
- 2RBI suspected of propping up rupee as oil prices climbβΌIndian central bank likely shielding rupee as US-Iran impasses lifts oil prices, traders say
Traders believe India's central bank, the Reserve Bank of India, is intervening in currency markets to support the rupee. Pressure on the currency has mounted after stalled US-Iran negotiations pushed oil prices higher, threatening to widen India's import bill. The bank has not commented on the suspected intervention, which is a routine part of its currency management.
- 3Rupee under pressure as Iran talks stallβRupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer
The Indian rupee is facing downward pressure amid an impasse in talks involving Iran, which has kept regional risks elevated. Traders say the Reserve Bank of India's interventions in currency markets remain a reliable buffer, limiting sharp swings in the currency. Attention is on whether diplomacy progresses and how aggressively the central bank defends the rupee.
- 4Rupee and bonds at risk as Iran diplomacy hopes fadeβRupee, bonds vulnerable to oil pangs on waning Iran diplomacy hopes
India's rupee and government bonds are seen coming under pressure as diplomatic efforts with Iran lose momentum, raising fears of higher oil prices. Fading hopes for a diplomatic breakthrough could lift crude costs, straining India's import bill and weakening its currency and debt markets.
- 5Dhruv Jurel reveals he cried after 20 lakh IPL bidββI was cryingβ: Dhruv Jurel reveals his emotional reaction after 20 lakh IPL bid
Indian wicketkeeper-batter Dhruv Jurel has revealed he was in tears after being picked up at an IPL auction for a base price of 20 lakh rupees. The modest bid, far below the multi-crore deals of star players, marked the start of his professional journey, and he says the emotional moment still drives him after going on to represent India.