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Markets · 15 Sept 2026
Quote of the day by Edwin Lefevre: "It is only fair to admit that the commonest and most expensive blunder that all exceptionally brilliant business men make is being right too soon"
Edwin Lefevre’s quote highlights how being correct too early can prove costly in business and investing. Great ideas depend on timing, patience and preparation, as markets, customers and capital may take years to validate sound decisions.
Source: Economic Times Markets
Read moreForex · 15 Sept 2026
Rupee slumps 38 paise to close at 95.92 against US dollar
The rupee fell 38 paise to close at 95.92 against the US dollar on Tuesday. Escalating Middle East conflict and soaring Brent crude oil prices weighed on the currency. Surging dollar demand from oil importers raised inflation and trade balance concerns. Domestic markets weakened, while global treasury yields and a strong dollar dented sentiment. India's forex reserves, however, reached a record high of USD 785.706 billion.
Source: Economic Times Markets
Read moreBonds · 15 Sept 2026
Why does the US bond selloff matter for global markets?
The recent selloff of U.S. government bonds is leading to a rise in borrowing costs throughout the economy. As Treasury yields climb, consumers are feeling the pinch in their mortgage and auto loan rates. Furthermore, this shift burdens companies with increased financing costs, deterring potential investments. Additionally, escalating interest expenses are straining the U.S. government's finances, while global markets are being steered by these changes in Treasury yields.
Source: Economic Times Markets
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