India HSBC Services PMI came in at 60.4, below expectations (60.7) in June
India HSBC Services PMI came in at 60.4, below expectations (60.7) in June Source link
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India HSBC Composite PMI remains unchanged at 61 in June
India HSBC Composite PMI remains unchanged at 61 in June Source link
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USD/INR drops to two-week low, RBI Q4 BoP report reveals strong current account surplus
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand. Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices. DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets. The Indian Rupee (INR) strengthens further on Friday, riding a…
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Bitget Launches On-Ground Blockchain Awareness Drive in Hyderabad, Ahmedabad and Mumbai
Hyderabad/Mumbai/Ahmedabad/New Delhi, 25th June 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has joined the 2025 edition of the India Blockchain Tour (IBT) as the exclusive “Powered by” partner for the Hyderabad, Ahmedabad, and Mumbai chapters. The collaboration brings a sharper focus to blockchain education and real-world applications across three major cities through curated networking and…
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India Braces for Ripple Effects of Escalating Israel-Iran Conflict
June 20, 2025June 20, 2025 India is closely monitoring the impact of the escalating Israel-Iran conflict, which threatens to disrupt energy supplies, trade, and regional connectivity. The government is conducting daily reviews and preparing contingency plans, particularly if the vital Strait of Hormuz is affected. Energy Security at Risk…
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USD/INR snaps three-day winning spree as Oil rally hits pause
The Indian Rupee bounces back to near 86.60 against the US Dollar as the Oil price rally hits a pause. The US stated that it will decide whether to attack Iran directly in the next two weeks. This week, the Fed left interest rates steady and warned of upside inflation risks. The Indian Rupee (INR)…
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USD/INR hits 86.46 as Rupee weakens on Middle East conflict, firms Oil ahead of Fed’s decision
USD/INR trades near 86.42, touching its highest level since April amid persistent geopolitical tensions. Escalating Iran-Israel conflict and Trump’s evacuation call lift safe-haven demand, pressuring emerging market currencies. Firm WTI Crude and weak Indian equities raise concerns about wider FII outflows, adding to the Rupee’s downside. Traders are eyeing US Retail Sales and the Fed’s…
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Indian Rupee firms up as trade data, softer Oil prices offset geopolitical jitters
The Indian Rupee recovers after two days of losses, tracking a weaker US Dollar Index. Fresh trade data and easing wholesale inflation support INR sentiment. India’s benchmark Nifty 50 and Sensex indices bounce back strongly. RBI intervention expectations anchor the Rupee despite Middle East hostilities. The Indian Rupee (INR) strengthens against the US Dollar (USD)…
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India May Import More US Energy as Trade Talks Continue
June 4, 2025June 4, 2025 On 4th June, an official said Indian imports could boost, as India could increase imports of US shale gas, LNG, and crude oil to diversify supply. This would allow India to take advantage of lower US prices. This comes as…
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India Flags Concern at WTO Over Indonesia’s Cotton Yarn Import Curbs
June 3, 2025June 3, 2025 India has objected to Indonesia’s proposed import restrictions on cotton yarn at the World Trade Organization (WTO). The objection cites the potential impact on its textile exports. Indonesia, in a WTO notification on 24th May, raised concerns about a serious…
