Asian stocks and Wall Street gauges rebounded as President Trump signaled a potential end to the Iran conflict, offering markets a brief reprieve. Crude oil prices also fell significantly. This optimistic shift highlights market sensitivity to Middle East developments, though volatility persists.
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delays
Banks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could impact genuine trade