The Indian rupee opened on a weaker note against the US dollar, reflecting the impact of a stronger dollar, increasing crude oil prices, and ongoing geopolitical tensions in the Middle East. This decline comes after the rupee had recorded significant
**Stock Market Recommendations for the Week of June 8, 2026** Motilal Oswal Wealth Management Research Desk has identified Shriram Finance and Cummins India as the top stock picks for the week beginning June 8, 2026. Shriram Finance is recognized for
Iran has announced plans to reopen the Strait of Hormuz, contingent upon new regulations established by the Iranian and Omani authorities. Among the potential changes being considered are the implementation of transit fees for vessels utilizing the strait. This development
**Gold Prices Remain Volatile Amid Geopolitical Developments, Expert Says** Gold prices are experiencing fluctuations as geopolitical factors influence the market dynamics, according to Manav Modi, Senior Analyst in Commodity Research at Motilal Oswal Financial Services Ltd. Recent developments, including tensions
The Monetary Policy Committee (MPC) has revised its inflation forecast upwards to 5.1%. This adjustment reflects current supply-side pressures on the economy; however, the committee has opted to maintain a stance that prioritizes economic stability. The MPC stated that it
The Government of India has successfully integrated over 580 million Jan Dhan accounts into the formal banking system, a significant step towards enhancing financial inclusion across the country. Launched in August 2014, the Jan Dhan Yojana aims to provide access
SpaceX is reportedly preparing for an Initial Public Offering (IPO) that is anticipated to raise approximately $1.75 trillion, attracting significant global interest. Investment bankers have indicated that demand for shares is exceeding the available supply by double. While Indian investors
India reported a current account surplus of $7.1 billion for the fourth quarter of the fiscal year 2026 (Q4 FY26), though this figure represents a decline compared to the same quarter in the previous year. The surplus was largely supported
On Monday, U.S. stock markets experienced a notable rebound, with technology and artificial intelligence-related stocks leading the recovery from a sharp decline observed on Friday. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite indices all recorded gains as
India is actively seeking preferential tariffs and assurances against potential increases in ongoing trade negotiations with the United States. In particular, New Delhi is requesting more clarity on proposed US tariffs that are associated with issues such as forced labor
