Oil prices rose again to above USD 97 a barrel, while Asian stocks traded lower on Thursday amid scepticism over a fragile ceasefire between the United States and Iran. Investors were closely watching whether the two-week ceasefire between the United States and Iran was already slipping after a round of deadly Israeli strikes on Lebanon that killed and injured hundreds. Iran again closed the Strait of Hormuz in response to the attacks in Lebanon. Tokyo’s Nikkei 225 dropped 0.9per cent to 55,824.30, while South Korea’s Kospi lost 1.6per cent to 5,776.03. Hong Kong’s Hang Seng fell 0.4per cent to 25,801.87, and the Shanghai Composite index was down 0.7per cent to 3,965.70. Australia’s S&P/ASX 200 edged down 0.1per cent, while Taiwan’s Taiex was also 0.1per cent lower. US futures were down more than 0.1per cent. Oil prices rose on Thursday, reversing an earlier plunge driven by optimism over the temporary ceasefire agreement. Brent crude, the international benchmark, was up 2.4 per cent at USD 97.02 per barrel. It had previously fallen briefly to below USD 92 a barrel following the ceasefire announcement. Benchmark US crude rose 3.3per cent to USD 97.50 per barrel. Uncertainty over global energy supply persisted. The Strait of Hormuz, a key chokepoint for energy transport through which about a fifth of the world’s oil typically passes, remained largely closed, even as the US repeatedly demanded that it be reopened. Talks to pursue a permanent end to the war could take place as early as Friday in Pakistan, with US Vice President JD Vance expected to lead the American negotiating team. Wall Street closed higher on Wednesday following US President Donald Trump’s announcement of a two-week ceasefire with Iran late Tuesday. The S&P 500 jumped 2.5per cent to 6,782.81. The Dow Jones Industrial Average rose 2.9per cent to 47,909.92, while the Nasdaq Composite gained 2.8per cent to 22,635.00. Amid renewed hopes of de-escalation, shares of United Airlines surged 7.9per cent on Wednesday, American Airlines rose 5.6per cent, and cruise operator Carnival Corporation jumped 11.2per cent, trimming earlier losses linked to rising fuel costs. In other trading, gold and silver prices declined. Gold fell 0.7per cent to USD 4,743.20 per ounce, while silver dropped 1.6per cent to USD 74.18 per ounce. The US dollar rose to 158.66 Japanese yen from 158.57 yen, while the euro was trading at USD 1.1668, up from USD 1.1663. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
09 April,2026 01:18 PM IST | Hong Kong | APReserve Bank Governor Sanjay Malhotra on Wednesday termed the ceasefire between the US and Iran as "pleasant news", which was taken into account while taking the policy decision hours later. "At 5:30 am, we got some pleasant news, maybe not a complete surprise," Malhotra told reporters at the customary post-policy-review interaction. "The ceasefire, to some extent, has been taken into account. The whole implications (will come later), but the ceasefire has been taken into account in the monetary policy decision," he added. Although it was a scheduled review, the maiden policy review for FY27 by the Reserve Bank is the first such call taken by any central bank in the world after the ceasefire announcement. Concerns have persisted over the last 39 days of the conflict in West Asia, triggered by the US and Israel's joint attacks on Iran, and the Gulf country's response to the crisis. Malhotra said the six-member rate-setting panel, headed by him, meets before the announcement of the decision to the wider public at 10 am. The central bank's six-member Monetary Policy Committee voted unanimously to keep the benchmark repurchase rate unchanged at 5.25 per cent, flagging heightened uncertainty after the West Asia conflict drove crude prices sharply higher, weakened the rupee and disrupted trade flows. During the course of the press conference, Malhotra also mentioned the upheaval in the financial markets, supply chain disruptions and the dent to economic activity as something that was "almost a crisis". Borrowing the old adage of never letting a crisis go waste, Malhotra recommended a slew of structural aspects beyond the short-lived turbulence, which we need to focus on going forward. This includes accelerating the pace of adopting electric vehicles and upping self-sufficiency in oil to reduce import burdens, he said. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 06:38 PM IST | Mumbai | PTIThe rupee appreciated 50 paise to 92.56 against the US dollar in early trade on Wednesday after US President Donald Trump announced suspension of military strikes against Iran for two weeks. Forex traders said the two-week ceasefire announcement triggered a wave of outsized bargain buying amongst the risk assets as Asian Stocks, Dow futures, Gold and Silver all rallied while Brent Oil fell below USD 100 to USD 96 per barrel. The rupee in accordance surged to 92.56 levels, with the RBI deadline still in place till the 10th of April (regarding squaring of positions taken overnight up to USD 100 million) while the RBI announced its monetary policy today at 10 am. At the interbank foreign exchange market, the rupee opened at 92.92 against the US dollar, then gained ground to touch 92.56 against the US dollar in initial trade, registering a gain of 50 paise over its previous close. On Tuesday, the rupee had settled at 93.06 against the American currency. Attention now shifts to the RBI's first Monetary Policy Committee (MPC) meeting of FY 2026-27. The key focus areas will be: RBI's outlook on inflation and growth, its assessment of global uncertainties and any indication of focus on currency stability."The tone of the policy will be closely tracked, especially given the rapidly changing global environment," CR Forex Advisors MD Amit Pabari said. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced at 10 am. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.90 per cent at 98.96. Brent crude, the global oil benchmark, was trading lower by 12.68 per cent at USD 95.42 per barrel in futures trade, after the announcement of the ceasefire. President Trump announced a two-week suspension of military strikes against Iran just hours before his 8 pm ET deadline. Iran agreed to allow safe navigation through the Strait of Hormuz during the ceasefire, triggering sweeping market moves across oil, equities and currencies. The rupee is likely to remain range-bound with a bit of volatile moves between 92.50 to 93.50 as the markets await the RBI's monetary policy. On the domestic equity market front, the 30-share benchmark index Sensex was trading 2527.47 points or 3.39 per cent higher at 77,144.05, while the Nifty jumped 767.25 points or 3.32 per cent to 23,890.90 in initial trade. Foreign Institutional Investors offloaded equities worth Rs 8,692.11 crore on Tuesday, according to exchange data. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 01:43 PM IST | Mumbai | PTIThe Reserve Bank of India (RBI) on Wednesday projected the country’s inflation rate based on the Consumer Price Index (CPI) for 2026-27 at 4.6 per cent as the near-term food supply prospects have been boosted by a robust Rabi crop which provides some comfort amid rising oil prices in the international market due to the Iran war. RBI Governor Sanjaya Malhotra said, “The pass-through of higher global energy prices has resulted in price increases in select fuels such as premium petrol and LPG and diesel for industrial use. On the other hand, the near-term food supply prospects have been boosted by robust Rabi crop providing some comfort.” Considering all these factors, CPI inflation for 2026-27 is projected to be at 4.6 per cent with Q1 at 4.0 per cent; Q2 at 4.4 per cent; Q3 at 5.2 per cent; and Q4 at 4.7 per cent, said the RBI Governor. However, persistently elevated energy prices due to the West Asia conflict and possible El Niño conditions (which could have a negative impact on southwest monsoon) pose upside risks to inflation, he observed. Malhotra said that India’s core inflation, which excludes food and fuel prices, is projected at 4.4 per cent for 2026-27 and, excluding precious metals, it is even lower, indicating that underlying inflation pressures are expected to remain contained. He also pointed out that since the last policy meeting, geopolitical uncertainties have heightened significantly. Headline inflation remains contained and below the target, but upside risks to the inflation outlook have increased, driven by increased energy price pressures and probable weather disturbances affecting food prices. Core inflation pressures remain muted, although supply chain dislocations and the risk of second round effects render the future inflation trajectory uncertain. The RBI Governor further stated that high frequency indicators till February 2026 suggest the continuation of strong momentum in economic activity. Growth impulses continue to be supported by robust private consumption and investment demand. However, the West Asia conflict will adversely impact growth. Higher input costs associated with increase in energy prices and international freight and insurance costs along with supply-chain disruptions could constrain availability of key inputs for downstream sectors, thus impairing growth. The Government has taken several measures targeted at supporting exports and protecting supply chains, which should mitigate the adverse impact of the conflict. Malhotra also said that the monetary policy committee noted that the intensity and the duration of the conflict in West Asia and the resultant damage to energy and other infrastructure add risk to the inflation and growth outlooks. However, the fundamentals of the Indian economy are on a stronger footing, providing it with greater resilience to withstand shocks now than in the past. The economy is confronted with a supply shock. It is prudent to wait and watch the changing circumstances and the evolving growth-inflation outlook. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 01:26 PM IST | Mumbai | IANSGold and silver prices on Wednesday traded sharply higher due to safe-haven demand, even after a two-week ceasefire plan was announced by US President Donald Trump. On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent to an intraday high of Rs 1,53,977 as of 10:52 AM. The yellow metal was trading at Rs 1,53,920, up Rs 3,631 or 2.42 per cent. It touched an intraday low of Rs 1,53,301, a gain of 2 per cent from the previous close. On the other hand, silver futures (May 5) climbed nearly 6 per cent or Rs 13,422 to hit an intraday high of Rs 2,44,770. At the last count, the white metal was trading at Rs 2,44,297, up Rs 12,949 or 5.6 per cent. It recorded a low of Rs 2,40,601, up 4 per cent from the previous close. Analysts said the surge in precious metals was supported by safe-haven demand, adding that buying interest at lower levels indicates strengthening momentum. In the currency market, the Indian rupee strengthened by 40 paise to 92.61 against the dollar, compared to its previous close of 93. Meanwhile, the Reserve Bank of India kept the repo rate unchanged at 5.25 per cent. Oil prices also traded sharply lower, falling up to 20 per cent. Brent crude futures declined nearly 16 per cent or $17.39 to an intraday low of $91.88, while US WTI crude plunged nearly 20 per cent or $21.90 to $91.05. Equity benchmarks Sensex and Nifty also traded higher, jumping nearly 4 per cent after the RBI kept the repo rate unchanged and the ceasefire announcement. This sentiment among traders and investors across markets follows US President Donald Trump’s announcement of a temporary ceasefire with Iran, easing geopolitical tensions. Trump confirmed the decision in a post on his social media platform, Truth Social, stating that he had instructed US forces to stand down, just hours after issuing strong warnings that included references to the “death of a civilisation.” This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 11:47 AM IST | Mumbai | IANSThe Reserve Bank on Wednesday expectedly kept interest rates unchanged amid hopes of a global recovery on the back of ceasefire in the six-week-long US/Isreal-Iran conflict. The policy decision comes as a month and a-half-long West Asia conflict has disrupted energy supplies, shot up crude oil prices and created fiscal and inflationary pressures for import-dependent nations like India. This is the first monetary policy review after the government announced a fresh inflation target for the RBI last month. The government has asked the RBI to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031. Announcing the first bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain short-term lending rate or repo rate at 5.25 per cent with a neutral stance. The rate cut pause comes on the back of the consumer price index (CPI) based headline retail inflation that moved closer to the RBI's medium-term target of 4 per cent at 3.21 per cent in February. Additionally, the rupee has depreciated by over 4 per cent since the war, which has consequences for pushing up import inflation. However, the rupee has appreciated by 50 paise to 92.56 against US dollar following announcement of the ceasefire by the US and Iran. Based on the recommendation of the MPC, the RBI reduced the repo rate by 25 bps each in February, April, and December 2025 and 50 basis points in June amidst easing retail inflation. India's retail inflation dropped to a historic low of 0.25 per cent in October 2025, marking the lowest level since the Consumer Price Index (CPI) series was introduced. However, the rupee declined to historic low and crossed 95 against a dollar last month making imports costlier, raising fears of rise in inflation. Rupee touched a record low of 95.21 on March 30, 2026. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 10:54 AM IST | Mumbai | PTIBMW Group India has overtaken Mercedes-Benz India in the first quarter of 2026, marking a significant shift in India’s luxury car market. The early months of 2026 highlight an intense battle for leadership, with steady global growth and a clear transition toward electric vehicles (EVs). BMW emerged as the Q1 leader with strong momentum, supported by new product launches and a broadened portfolio, while Mercedes-Benz retained its dominance over the full FY26, maintaining a lead of 859 units overall. Mercedes-Benz has traditionally dominated the Indian luxury segment, but BMW has steadily closed the gap in recent years. According to VAHAN data, BMW registered 4,944 cars in Q1 2026, reflecting an 11 percent year-on-year increase, while Mercedes-Benz reported 4,863 registrations. The narrowing gap is evident when compared to previous years, where Mercedes led by 1,734 units in Q1 2023 and just 39 units in Q1 2025, before BMW moved ahead by 81 units in Q1 2026. EV Segments In EV segments, BMW led with 1,047 registrations, achieving 47 pc growth. Mercedes-Benz sold about 241 electric vehicles in the same quarter. The total luxury EV market reached 1,484 units in Q1, marking a 21 pc year-on-year growth. In early 2026, sales between BMW and Mercedes-Benz were closely matched: January: BMW sold 1,962 cars; Mercedes sold 1,806February: Mercedes led with 1,371 cars; BMW sold 1,216March: BMW again led with 1,580 cars; Mercedes sold 1,448 Overall, both brands alternated in leading month-to-month. Top-selling luxury car brand Despite BMW’s quarterly lead, Mercedes-Benz remained the top-selling luxury car brand for the full financial year, selling 18,160 units and holding a 0.39% share of the passenger vehicle market, slightly ahead of BMW’s 0.38percent. Mercedes’ sustained leadership can be attributed to its strong brand equity, established dealer network, and consistent demand across its sedan and SUV lineup. BMW, on the other hand, credits its recent success to aggressive product strategies, including frequent model updates, competitive pricing across segments, and a focused push into Tier-II and Tier-III cities. These emerging markets are witnessing a rise in first-time luxury car buyers, driven by increasing disposable incomes and aspirational consumption. Additionally, both automakers are investing heavily in digital retail experiences, customer engagement initiatives, and after-sales services to strengthen brand loyalty. Looking ahead, the competition between BMW and Mercedes-Benz is expected to intensify further, especially with upcoming EV launches, expansion of charging ecosystems, and evolving consumer expectations. The Indian luxury car market, though still a small fraction of the overall automobile sector, is poised for steady growth, with electrification and geographic expansion likely to shape the next phase of competition.
08 April,2026 09:34 AM IST | Mumbai | mid-day online correspondentGold prices declined by Rs 610 to Rs 1.49 lakh per 10 grams in futures trade on Tuesday as surging crude oil rates and escalating tensions in West Asia dampened the demand for the safe-haven asset and kept investors cautious. On the Multi Commodity Exchange, the yellow metal for June delivery depreciated by Rs 610, or 0.41 per cent, to Rs 1,49,371 per 10 grams in a business turnover of 7,270 lots. Gold traded slightly lower on Tuesday as crude oil climbed towards USD 115 per barrel amid heightened geopolitical tensions particularly in the West Asia, Gaurav Garg, Research Analyst at Lemonn Markets Desk. The surge in energy prices have created a risk-off sentiment among investors, leading to cautious trading in gold, even as it remain range-bound with a slight upward bias anticipated, he added. In the international market, Comex gold futures for the June contract fell USD 19.13, or 0.41 per cent, to USD 4,665.57 per ounce in New York. Gold is trading in a narrow range for two consecutive sessions of decline, as renewed geopolitical anxiety after US President Donald Trump threatened to strike Iranian civilian infrastructure, raising concerns over a prolonged conflict and its broader economic fallout, Renisha Chainani, Head of Research at Augmont, said. Trump also issued a fresh ultimatum to Iran until April 8 to reopen the Strait of Hormuz, warning of strikes on power plants and other civilian infrastructure. Tehran rejected the demand and continued attacks on regional energy assets, although diplomatic channels remain active, with reports suggesting dicussions around a 45-day ceasefire framework. Rising crude oil prices have also heightened concerns that inflation could resurface potentially pushing major global central banks, including the US Federal Reserve, to approach a more hawkish stance, Chainani said. Investors are now awaiting US GDP numbers and the Federal Open Market Committee (FOMC) meeting minutes later this week for further direction on bullion prices, she added. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
07 April,2026 05:08 PM IST | New Delhi | PTIThe rupee depreciated 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained on edge ahead of US President Donald Trump's deadline for the opening of the Strait of Hormuz and the Reserve Bank's monetary policy review. Forex traders said the USD/INR pair is trading under pressure, dragged down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Moreover, market participants will remain watchful of evolving geopolitical headlines and the upcoming RBI monetary policy decision. At the interbank foreign exchange market, the rupee opened at 93.05 against the US dollar, then lost ground to trade at 93.07, registering a fall of 17 paise from its previous close. During the day, the rupee also touched an intraday high of 92.86 against the greenback. At the end of Tuesday's trading session, the rupee was quoted at 93.00 (provisional), down 10 paise from its previous close. On Monday, the rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following the Reserve Bank's measures to curb speculative fervour and dampen volatility in the Indian currency. The RBI has tightened its rules to curb speculative positions and capped banks' net open positions at USD 100 million. Meanwhile, the Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.15 per cent at 99.83. Brent crude, the global oil benchmark, was trading lower by 1.97 per cent at USD 107.61 per barrel in futures trade. On the domestic equity market front, Sensex jumped 509.73 points to settle at 74,616.58, while the Nifty climbed 155.40 points to 23,123.65. Foreign Institutional Investors offloaded equities worth Rs 8,167.17 crore on Monday, according to exchange data. Meanwhile, US President Donald Trump's deadline for the opening of the Strait of Hormuz expires today, with Iran still not relenting on the ceasefire proposal. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
07 April,2026 05:08 PM IST | Mumbai | PTIShares of Wipro Limited ended higher on Monday after the company announced a major multi-year strategic deal with Singapore-based Olam Group. In an exchange filing, Wipro said it has secured a large transformation contract with Olam Group, marking a significant development in its international business operations. The 8-year partnership is expected to generate over USD 1 billion in total contract value, with a committed spend of USD 800 million. As part of the deal, Wipro will provide end-to-end transformation services through a consulting-led and AI-powered approach. The shares of Wipro on the National Stock Exchange closed with a surge of 1.43 per cent to Rs 197.70 per share. Wipro said the engagement will leverage its industry expertise, partnerships with leading technology providers and its AI-driven platforms under Wipro Intelligence, aimed at strengthening Olam Group's core operations and enhancing its competitive position. It stated "Wipro has secured a multi-year strategic transformation deal with Olam Group, a leading USD 50+ Billion Food and Agri-business headquartered in Singapore, employing nearly 40,000 people, and majority-owned by Temasek Holdings." A key highlight of the agreement is Wipro's acquisition of Mindsprint, the IT and digital services arm of Olam Group, for USD 375 million. The acquisition is part of the broader strategic partnership between the two companies. The deal reflects Wipro's continued focus on expanding its global presence and strengthening its capabilities in digital transformation and artificial intelligence-driven services. The partnership is expected to help Olam Group improve operational efficiency and build a sustainable competitive advantage through technology-led transformation. The company also stated that as part of the engagement, Wipro will deliver end-to-end transformation services to Olam Group through a consulting-led and AI-powered approach. The engagement will draw on Wipro's industry expertise, partnerships with leading technology providers, and Wipro Intelligenc, its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group's core operations and support the creation of a sustainable competitive advantage. Under the terms of the acquisition of Mindsprint by Wipro, Mindsprint will become a wholly owned subsidiary of Wipro, subject to regulatory approvals and closing conditions. This is expected to close at quarter ending Q1 FY27 (end of June 2026). This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
07 April,2026 10:57 AM IST | Mumbai | ANIBeauty and fashion retailer Nykaa (FSN E-Commerce Ventures) on Monday said it expects its consolidated net revenue growth to be in the "late twenties" for the fourth quarter ended March 31, 2026, marking its highest growth in the last 12 quarters. The company said the Q4 performance will come on the back of a sharp acceleration in its fashion vertical, coupled with sustained robust performance in its core beauty business. "Q4 FY2026 with Consolidated GMV growth expected to be in the late twenties. Consolidated NSV growth is expected to be higher in the early thirties. Consolidated Net Revenue growth is expected to be in the late twenties, marking the highest growth in the last 12 quarters," Nykaa said in a regulatory filing. For the full financial year 2025-26, the company anticipates its net revenue growth to improve to the upper end of the mid-twenties. Consolidated NSV (net sales value) growth for the fiscal year is expected to accelerate to the late twenties. The January-March quarter saw an expansion of Nykaa's physical retail footprint, with the company adding 26 new stores, bringing its total offline store count to 313. Addressing the evolving geopolitical landscape in West Asia, Nykaa stated that there has been no material impact on its business during the quarter. The company noted that its Middle East exposure currently accounts for less than 1 per cent of its overall revenue. Nykaa reported a multifold increase in consolidated net profit to Rs 63.31 crore for the quarter ended December 2025. It had posted a profit (attributable to equity shareholders of the parent firm) of Rs 26.12 crore in the December quarter of the previous fiscal. The company's revenue from operations rose 26.73 per cent to Rs 2,873.26 crore in Q3 FY26 compared to Rs 2,267.21 crore in Q3 FY25. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
07 April,2026 10:57 AM IST | New Delhi | PTIADVERTISEMENT
-1775652864837_d.png "Reserve Bank Governor Sanjay Malhotra. File Pic")
-1775635790260_d.png "Rupee likely to remain volatile within 92.50–93.50 range. Representational Image")
-1775634428818_d.png "RBI adopts cautious wait-and-watch approach on evolving economic conditions. Representational Image")
-1775628698268_d.png "Representational Image")
-1775625157359_d.png "Reserve Bank of India. File Pic")
-1775549197274_d.png "Pic/Pixabay")
-1775559088926_d.png "Rising crude oil, geopolitical risks weigh on gold futures. Representational Image")
-1775561716440_d.png "RBI monetary policy decision, Strait of Hormuz deadline keep markets watchful. Representational Image")
-1775537003488_d.png "Wipro. Pic/X")
-1775539379105_d.png "Nykaa. Pic/X")