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Asian shares dipped, mirroring Wall Street's decline as weak US jobs data failed to bolster expectations for Federal Reserve interest-rate cuts. Oil prices surged after President Trump announced a "total and complete blockade" of Venezuelan oil tankers, escalating tensions.
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News and Media
The Indian rupee hit an all-time low of 91.08 against the US dollar, driven by significant foreign investor outflows and FDI repatriation. Experts suggest the rapid depreciation is partly speculative, with the currency expected to slow its decline as its Real Effective Exchange Rate makes it more competitive internationally.
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News and Media
Sebi has alleged Pranav Adani shared price-sensitive information about Adani Group's NDTV open offer with his brothers-in-law, violating insider trading norms. The regulator served show cause notices, citing communication frequency during the UPSI period. This comes after Sebi recently dropped a similar case against Pranav Adani and his relatives due to lack of evidence.
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News and Media
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