New Delhi, March 24 (IANS) The Indian rupee opened higher against US dollar on Tuesday after US President Donald Trump announced a five-day pause of strikes on Iranian power and energy infrastructure.The domestic currency was trading at Rs 93.64 to the dollar, as compared to the record low of Rs 93.98 to the dollar in the previous trading session.According to analysts, the market has welcomed the five-day pause but not with conviction, and any signs of further de-escalation could pull the USD/IN…
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New Delhi, March 9 (IANS) IndiGo’s Manchester-bound aircraft that departed from Delhi returned to its origin after spending almost seven hours in the air due to sudden airspace restrictions linked to the ongoing conflict in the Middle East, the low-cost airline confirmed on Monday.According to an IndiGo spokesperson, flight 6E033 — operating from Delhi to Manchester — had to return due to “last-minute airspace restrictions.””Due to the evolving situation in and around the Middle East, some o…
New Delhi, March 7 (IANS) The ongoing conflict in the Gulf — involving Israel, Iran, and US assets in the region — could have far-reaching economic consequences, including global recessionary pressures, rising inflation and financial market turbulence, a report by SBI Research said on Saturday.However, domestic financial markets have been supported by RBI interventions such as smoothing of G-sec yields and management of rupee volatility.It, however, warned that prolonged conflict could still p…
Mumbai, Feb 28 (IANS) Indian stock markets ended the week on a weak note, with benchmark indices falling amid global uncertainty and rising geopolitical tensions. Investors remained cautious as volatility in global markets and uncertainty around US-Iran talks dampened sentiment, even though India’s latest GDP data showed strong growth.For the week, both the Sensex and the Nifty fell around 1.5 per cent. Broader markets also remained under pressure, with the Nifty Midcap 100 and Smallcap 100 in…
New Delhi, Jan 8 (IANS) India’s economic growth is expected to outpace the National Statistical Office’s (NSO) first advance estimate, reflecting “buoyant high‑frequency data since September 2025 led by policy impetus,” a new report has said.The report from Morgan Stanley estimated real GDP growth at 7.6 per cent year‑on‑year for FY26 — above the NSO’s first advance estimate which pegged real GDP growth at 7.4 per cent YoY.The consensus estimate for FY26 growth is at 7.5 per cent an…