The Reserve Bank of India has issued a new directive to banks. This rule limits their net open positions in the rupee to $100 million daily. This move aims to halt the rupee’s sharp fall against the dollar. Traders anticipate significant dollar sales by banks. The rupee could see immediate gains.Read More

The Serious Fraud Investigation Office is investigating IndusInd Bank’s accounting irregularities. Key former executives have been summoned for questioning. This probe follows earlier findings by auditors and forensic reports. Meanwhile, Mumbai Police’s Economic Offences Wing is nearing the closure of its preliminary inquiry, finding no evidence of fund diversion.Read More

Financial services firms achieved record fundraising in FY26, raising ₹49,795 crore through IPOs, the highest in a decade. Despite a struggling finance sector index, these new listings significantly boosted the primary market. Major IPOs from Tata Capital and HDB Financial Services led this surge, accounting for a substantial portion of the total funds raised.Read More

Indian markets ended a two-day rally as Iran-US tensions and elevated energy prices weighed on investor sentiment. Nifty fell 2.09% to 22,819.60, Sensex down 2.25%. US and European indices also declined amid geopolitical uncertainty. Financials, autos, and consumer stocks led losses, while volatility remained elevated.Read More

Well-timed trades ahead of U.S. President Donald Trump’s major policy surprises ​during his second term have potentially led to millions of dollars in profits for unknown ​traders, leading some legal experts to say they should be investigated to protect fair markets and ascertain whether information is leaking.Read More

Developments related to the ongoing month-long war in West Asia, its impact on crude oil prices, and global trends would continue to be key drivers for domestic equities in the holiday-shortened week ahead, analysts said.Read More

The combined market valuation of seven of the top-10 most valued firms tumbled by Rs 1.75 lakh crore in a holiday-shortened last week, with Reliance Industries taking the biggest hit, in tandem with a weak trend in equities.Read More

NCLAT dismissed BSE’s appeals against NCLT orders to defreeze demat accounts of insolvent firms, ruling that NCLT has jurisdiction under the IBC. The tribunal said dues leading to account freezes qualify as debt, allowing resolution professionals to access shares and proceed with recovery during insolvency proceedings.Read More

Jio Financial Services (JFS) is hoping to start general and life insurance businesses this year, a top company official has said.Read More

Zerodha clarified its brokerage fee hike to Rs 40 per order, affecting only a small fraction of intraday derivatives traders using collateral margin with a significant cash shortfall. This move aims to align with SEBI regulations and reduce the broker’s capital exposure, as many traders pledge stocks without sufficient cash.Read More