Offshore Rupee Trade: Banks should get more active in offshore rupee trade: RBI

MUMBAI: RBI governor Sanjay Malhotra on Friday called for Indian banks to emerge as market-makers in offshore markets, urging a more active global role for domestic lenders as the central bank seeks to shift rupee price discovery onshore, speaking at the FIMMDA-PDAI Annual Conference in Amsterdam.Noting that Indian banks deal only with offshore market makers…

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US stock market today (April 16, 2026): Wall Street holds near record highs; oil surge, Iran war keep investors cautious

Wall Street hovered near record levels on Thursday as investors paused after a sharp rally, weighing rising oil prices and uncertainty around the Iran conflict before making fresh bets.The S&P 500 slipped 0.1%, a day after hitting a new all-time high– its 10th gain in 11 sessions–while the Dow Jones Industrial Average fell 66 points…

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Oil Prices: Oil prices today: Crude falls in early trade on hopes of easing Middle East conflict

Oil prices fell in early trade on Friday, extending losses as optimism grew that the Middle East conflict may be nearing an end following a 10-day ceasefire between Israel and Lebanon and fresh signals of possible US-Iran talks over the weekend.Brent crude futures declined $1.34, or 1.35%, to $98.05 a barrel, while US West Texas…

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India-EU trade deal: Goyal says FTA talks advancing in positive direction; ‘committed for an early conclusion’

Commerce and industry minister Piyush Goyal on Wednesday said that negotiations for the India-European Union (EU) free trade agreement are advancing in a positive direction, with a rough outline of the pact already prepared. He emphasised that both sides are committed to an early conclusion of the deal. “Ek free trade agreement ki motee-motee roop…

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In Parliament, jailed MP Engineer Rashid calls himself ‘MP from Tihar Jail’ | India News

Awami Ittehad Party MP Sheikh Abdul Rashid (File photo) SRINAGAR: North Kashmir’s Baramulla MP Engineer Rashid described himself on Wednesaday as an “MP from Tihar jail” while raising in his Parliament speech the issue of poor internet connectivity in border areas of his constituency.His party, the Awami Ittehad Party (AIP), issued a statement here saying…

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