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Indian Rupee rebounds in Friday’s Asian session. Lower crude oil prices underpin the INR, but persistent interbank USD demand and foreign fund outflows might cap its upside. Traders await the US housing data and the preliminary University of Michigan Consumer Sentiment Index report.The Indian Rupee (INR) recovers some lost ground, snapping the three-day losing streak on Friday. A fall in crude oil prices amid reports that the US and Iran are getting closer to a deal on the country’s nuclear program provides some support to the INR. It’s worth noting that India...

Gold prices fell in India on Friday, according to data compiled by FXStreet. The price for Gold stood at 8,842.47 Indian Rupees (INR) per gram, down compared with the INR 8,908.96 it cost on Thursday. The price for Gold decreased to INR 103,144.70 per tola from INR 103,911.70 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,842.47 10 Grams 88,424.86 Tola 103,144.70 Troy Ounce 275,022.80   Daily Digest Market Movers: Gold price bulls refrain from placing aggressive bets amid trade optimism The US and China...

Indian Rupee edges higher in Wednesday’s early European session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and...

Indian Rupee edges higher in Wednesday’s Asian session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and equities...

Indian Rupee edges higher in Wednesday’s Asian session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and equities...

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 8,839.07 Indian Rupees (INR) per gram, broadly stable compared with the INR 8,830.46 it cost on Monday. The price for Gold was broadly steady at INR 103,099.20 per tola from INR 102,996.80 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 8,839.07 10 Grams 88,391.52 Tola 103,099.20 Troy Ounce 274,926.00   Daily digest market movers: Gold prices pressured by high US Treasury yields US Treasury...

The rupee depreciated 30 paise to 85.88 against the US dollar in early trade on Friday, weighed down by intensifying geopolitical tensions between India and Pakistan.Forex traders said geopolitical tensions between India and Pakistan have sparked risk-off sentiment in the market leading to the rupee weakness. Besides, increased demand for the US dollar further dented investor sentiments. At the interbank foreign exchange, the domestic unit opened at 85.88 against the greenback, registering a fall of 30 paise over its previous close. On Thursday, the rupee saw its steepest single-day fall...

Gold prices rose in India on Thursday, according to data compiled by FXStreet. The price for Gold stood at 9,216.33 Indian Rupees (INR) per gram, up compared with the INR 9,146.91 it cost on Wednesday. The price for Gold increased to INR 107,496.20 per tola from INR 106,687.80 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 9,216.33 10 Grams 92,162.32 Tola 107,496.20 Troy Ounce 286,656.60   Daily Digest Market Movers: Gold price benefits from reviving safe-haven demand, renewed USD selling US President Donald Trump said...

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous session in the green, despite India-Pakistan tensions rising post Operation Sindoor and ahead of the US Fed meet. Nifty 50 closed at 24,414.40, while Sensex ended at 80,746.78. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous session 1,862.95 points away from its record high of 26,277.35.Overnight, Wall Street indices ended higher after the US Fed left interest rates unchanged brushing off US President Donald Trump's demands to lower rates....

“We are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there," said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. “We're very active in the market."  It's a sentiment that's echoed by the largest VC firms in the Indian market including Lightspeed, Accel India and Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).  Lightspeed said its cheque sizes for AI startups would vary, depending on a company's technology. Its investments have ranged from $3.5 million with a...