Hyderabad has emerged as the costliest among India’s major cities, with petrol priced at ₹112.81 per litre. The rising fuel rates have sparked public concern over increasing living costs and inflation. Citizens are feeling the pressure as transportation and daily expenses climb, highlighting ongoing debates about fuel taxation and pricing policies affecting consumers.
The Reserve Bank of India (RBI) approved a record ₹2.87 lakh crore surplus transfer to the Central Government for FY26. The decision was taken at the 623rd Central Board meeting chaired by Governor Sanjay Malhotra. The RBI reported higher income and expenditure, with a rising balance sheet size and increased allocation to the Contingent Risk […]
The Indian rupee strengthened sharply, rising 63 paise to close at 95.73 against the US dollar. The gain was supported by dollar weakness, improved market sentiment, and possible central bank intervention. Despite recent volatility and pressure from global factors, the currency saw a short-term recovery after hitting weaker levels in earlier sessions.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, May 22, 2026. The Sensex started trading today at 75415.35, up at 231.99 points or 0.31%, and the Nifty was at 23719.30, up at 64.60 points or 0.27%. Meanwhile, the Indian rupee was trading today at 95.75 against the dollar.
Foreign portfolio investors continue to remain cautious on the Indian stock market, driven by rising crude oil prices, inflation, and rupee depreciation. As per NSDL data, FPIs have already sold equities worth over ₹2.2 lakh crore this year, extending last year’s heavy outflows. Persistent foreign selling pressure remains a factor affecting overall market.
Gold prices in the Hyderabad bullion market declined today, with 10 grams of 24-carat gold falling by ₹440 to ₹1,59,490 and 22-carat gold dropping by ₹400 to ₹1,46,200. In contrast, silver prices rose sharply, increasing by ₹5,000 per kilogram to ₹2,95,000. The mixed movement in precious metals reflects ongoing volatility, influenced by global price trends.
The Indian rupee opened weaker at 96.26 against the US dollar today, slipping 6 paise amid pressure from global forex trends. The currency had faced sustained losses, briefly nearing the 97 level before intervention by the RBI helped stabilise it. Market participants are now closely tracking further RBI action as external pressures, a dollar index.
Indian stock markets started the session on a positive note today, May 22nd, tracking strong global cues driven by optimism over a possible resolution to tensions involving the US and Iran. The Sensex jumped 361 points to 75,544.24, while the Nifty-50 rose 95 points to 23,750.05. Bank Nifty added 471 to 53,911, and rupee traded […]
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The Sensex and Nifty opened at fresh record levels in early trade on Thursday, May 21, 2026. The Sensex started trading today at 75183.36, down at 135.03 points or 0.18%, and the Nifty was at 23654.70, down at 4.30 points or 0.02%. Meanwhile, the Indian rupee was trading today at 96.38 against the dollar.
Indian pharmaceutical stocks witnessed a strong upward rally, with Gland Pharma leading with gains of over 27%. Laurus Labs and Biocon also delivered impressive returns of around 21-23%. Several major players, including Cipla, Sun Pharma, and Mankind Pharma, rose in double digits. However, Lupin and Alkem Laboratories remained under pressure.
The Indian rupee recovered strongly today, gaining 41 paise to trade at 96.45 against the US dollar after touching a record low in the previous session. Improved market sentiment after Trump’s remarks suggesting progress in Iran talks. The rupee opened at 96.25 in early trade after closing at an all-time low of 96.86 on Wednesday […]
Indian stock markets opened on a strong note today, with both the Sensex and Nifty 50 recording sharp early gains driven by sustained buying interest. The Sensex surged past the 75,900 mark during intraday trade, while the Nifty climbed close to 23,860. Broader sentiment remained positive despite a weaker rupee, which traded around 96.06 against […]
Here are the petrol prices per litre today in the top cities in India. ★Delhi – ₹98.64, ★Kolkata – ₹109.70, ★Mumbai – ₹107.59, ★Chennai – ₹104.46, ★Bangalore – ₹107.12, ★Bhubaneswar – ₹105.09, ★Chandigarh – ₹98.10, ★Hyderabad – ₹111.88, ★Jaipur – ₹109.32, ★Lucknow – ₹98.40, ★Trivandrum – ₹111.71, ★Port Blair – ₹85.73, and ★...
The Reserve Bank of India (RBI) has declared a key step amid the rupee’s weakening trend, planning a $5 billion USD/INR buy-sell swap auction scheduled for May 26. The 3-year tenor operation aims to inject durable liquidity into the banking system while stabilizing currency pressures. The key decision follows a review of evolving financial conditions.