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Rupee falls to record low against dollar amid import pressures and capital outflows

Rupee falls to record low against dollar amid import pressures and capital outflows

MUMBAI, India — The Indian rupee weakened to a record low on Wednesday, pressured by a stronger U.S. dollar, rising…
Gold, silver rise ahead of Federal Reserve meeting as investors stay cautious

Gold, silver rise ahead of Federal Reserve meeting as investors stay cautious

NEW DELHI — Gold and silver prices moved higher Tuesday as investors positioned ahead of the U.S. Federal Reserve’s closely…
Nvidia targets $1 trillion in AI chip revenue by 2027, unveils new platforms at GTC

Nvidia targets $1 trillion in AI chip revenue by 2027, unveils new platforms at GTC

NEW DELHI — Nvidia is aiming to generate as much as $1 trillion in revenue from artificial intelligence chips by…
Sensex, Nifty extend gains for second straight session as metal, auto stocks lead

Sensex, Nifty extend gains for second straight session as metal, auto stocks lead

MUMBAI — India’s benchmark equity indices extended their gains for a second consecutive session Tuesday, ending higher after a volatile…
Aurobindo Pharma unit receives FDA ‘Official Action Indicated’ status after inspection

Aurobindo Pharma unit receives FDA ‘Official Action Indicated’ status after inspection

NEW DELHI — Aurobindo Pharma said Tuesday that the U.S. Food and Drug Administration has classified one of its subsidiary…
Sensex, Nifty Rise More Than 1 Percent, Snap Three-Day Losing Streak

Sensex, Nifty Rise More Than 1 Percent, Snap Three-Day Losing Streak

MUMBAI — India’s benchmark stock indices rebounded sharply Monday, ending a three-day losing streak as gains in auto and banking…
Sensex, Nifty Fall Nearly 2% as Middle East Tensions Weigh on Markets

Sensex, Nifty Fall Nearly 2% as Middle East Tensions Weigh on Markets

MUMBAI — Indian stock markets closed sharply lower Friday as escalating tensions in the Middle East dampened investor sentiment and…
Adobe CEO Shantanu Narayen to Step Down After Nearly Two Decades

Adobe CEO Shantanu Narayen to Step Down After Nearly Two Decades

WASHINGTON — Adobe said Friday that longtime Chief Executive Officer Shantanu Narayen plans to step down after nearly two decades…
India, U.S. Continue Negotiations Toward Bilateral Trade Agreement, India Says

India, U.S. Continue Negotiations Toward Bilateral Trade Agreement, India Says

NEW DELHI — India’s Ministry of Commerce and Industry said Friday that discussions with the United States over a potential…
Sensex, Nifty Close Sharply Lower as Oil Price Volatility Weighs on Indian Markets

Sensex, Nifty Close Sharply Lower as Oil Price Volatility Weighs on Indian Markets

MUMBAI — Indian benchmark equity indices ended sharply lower Thursday as volatility in global oil prices weighed on investor sentiment…
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