The rupee's real depreciation around 9% in 2025 impacts inflation, trade balance, and corporate margins amid capital flow strain and trade deal uncertainty with the US.
Markets
Oracle reported Q4 revenues below analyst expectations despite 14% overall growth and a 68% surge in AI business sales, causing shares to fall more than 10% post-trading.
The Delhi High Court questioned the government about IndiGo flight cancellations causing a surge in airfares, leading to economic losses and passenger distress.
IATA projects global airlines will earn a net profit of USD 7.90 per passenger in 2026, lower than previous years and less than the profit Apple makes from selling an iPhone cover.
The AI sector is experiencing a significant investment bubble, akin to historical industrial bubbles, which is expected to yield future infrastructure.
The Reserve Bank of India reduced the repo rate to 5.25% and raised the GDP growth forecast for FY26 to 7.3%.
India's Civil Aviation ministry has imposed temporary fare caps on airlines due to soaring airfares linked to IndiGo's flight cancellations. This measure aims to stabilize prices during ongoing operational disruptions.
The Indian rupee dropped 7 paise to 89.43 against the U.S. dollar due to a strong dollar and rising crude oil prices. This decline reflects cautious investor sentiment ahead of GDP growth data.
The rupee dropped to 89.24 against the dollar due to high demand from importers. This decline reflects ongoing volatility in global trade.
Gold prices have surged past US$4,100 an ounce, marking a 50% increase this year. This rise is driven by demand from ETFs and geopolitical factors.
US stocks have risen sharply as lawmakers move to end the longest government shutdown. This development is crucial for investors concerned about economic weakness and AI stock valuations.
Allcargo Logistics has successfully demerged its international supply chain business into Allcargo Global Limited, enhancing operational synergy and value creation for shareholders.