Articles liés
Rupee Weakens Against US Dollar Amid Rising Oil Prices and Geopolitical Tensions
The Indian Rupee opened weaker against the US dollar on Wednesday, trading at 95.15 and falling to 95.16. This decline is attributed to rising crude oil prices and a strengthening US dollar following fresh military actions involving the US and Iran. A weak opening in domestic stock markets also contributed to the currency's dip.
US Companies Urge Reconsideration of Proposed Tariffs on Imports from India and 60 Other Countries
Major US companies like Intel, IBM, and Ford are urging the USTR to reconsider proposed tariffs of up to 12.5% on imports from 60 countries, including India. They argue it will increase costs for consumers and businesses, counteracting domestic manufacturing goals. India also requested reconsideration, citing insufficient evidence of unfair advantage.
Zostel seeks Sebi review of Oyo's IPO disclosures
Hospitality startup Zostel has asked India's Sebi to review disclosures by Oyo parent PRISM in its IPO draft prospectus, citing inadequate information on a legal dispute.
India's Cement Sector Faces Subdued Growth and Price Pressure in H1FY27
India's cement industry anticipates sluggish volume growth in the first half of fiscal year 2027 due to weak demand and rising input costs. Price increases in April 2026 are unlikely to fully offset profitability declines, with new supply additions expected to keep prices subdued.
Indian Microfinance Lenders Face Renewed Pressure from Weak Monsoon and Rising Prices
Indian microfinance lenders are facing increased default risks due to a weak monsoon outlook and rising prices, which threaten rural incomes. This comes after a period of recovery for the sector, with significant exposure to agriculture and rural areas.
Silvana Tenreyro Appointed IMF Chief Economist
Silvana Tenreyro will become the International Monetary Fund's new chief economist starting August 10, 2026. Her policy experience and academic background, including her time on the Bank of England's Monetary Policy Committee, will be instrumental in guiding the IMF's global economic analysis.