In March, overseas Indians withdrew approximately $2 billion more than they deposited in Indian bank accounts, marking a notable shift in financial activity among Non-Resident Indians (NRIs). This trend has been attributed primarily to a decrease in funds held in
**New Chair Outlines Vision for Central Bank Reform** In a recent announcement, the newly appointed chair of the central bank emphasized a commitment to reform as a guiding principle for the institution’s future operations. During the inaugural press conference, the
The Information Technology (IT) sector has been the poorest performing major sector in the Indian market over the past 12 to 18 months. Notably, in May 2026, the Nifty IT index reached its lowest level in nearly three years, reflecting
US Secretary of State Marco Rubio reaffirmed the Biden administrations commitment to safeguarding global energy markets from geopolitical disruptions, particularly in light of ongoing tensions related to the Iran conflict. In a recent statement, Rubio emphasized the importance of US
Recent tensions in the Strait of Hormuz have led to a notable increase in fuel prices in the United States, contributing to a rise in inflation that has reached its highest level in three years. This spike in prices is
Recent increments in fuel prices, totaling over ₹5.50 per litre within a span of just over a week, have raised significant concerns among independent dealers and logistics providers. These consecutive adjustments have created operational challenges, complicating inventory management and pricing
**Stock Market Recommendations: Bajaj Broking Research Highlights Top Picks** Bajaj Broking Research has identified Garden Reach Shipbuilders & Engineers (GRSE) and NBCC (India) Limited as its top stock recommendations as of May 22, 2026. Garden Reach Shipbuilders & Engineers, based
Asian markets experienced a significant rally on Friday, driven by rising optimism surrounding potential peace talks between the United States and Iran. However, persisting volatility in oil prices and concerns regarding the Strait of Hormuz continued to pose inflationary risks.
The Reserve Bank of India (RBI) has taken decisive action to stabilize the Indian rupee by selling billions of dollars in the foreign exchange market amid ongoing pressures on the currency. This intervention occurred prior to the market opening and
In May 2023, Venezuela has emerged as Indias third-largest supplier of crude oil, overtaking prominent sources such as Saudi Arabia and the United States. This significant increase in imports is attributed to Indian refiners capitalizing on the cost advantages of
