Indian stock markets, including the Sensex and Nifty, surged nearly 1 per cent today, buoyed by a significant improvement in global risk appetite following the de-escalation of geopolitical tensions in the Middle East and renewed foreign fund inflows. Photograph: Shailesh
The Indian rupee strengthened by 23 paise to close at 92.91 against the US dollar, buoyed by a weakening American currency, retreating crude oil prices, and fresh foreign fund inflows amidst growing optimism for easing geopolitical tensions. Photograph: Priyanshu Singh/Reuters
TransUnion Cibil CEO Bhavesh Jain urges lenders to proactively engage with customers on credit usage and repayment, drawing parallels to the successful strategies implemented during the Covid-19 pandemic, as the financial sector closely monitors the evolving impact of the Iran
India’s trade exposure to West Asia is significant. Between April and December, India exported goods worth about $50 billion to 13 countries in the region, accounting for roughly 15 per cent of total outbound shipments. Imports stood at $116.45 billion
