The Reserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee’s weakening trend versus the dollar. As a result, banks are now required to trim their dollar assets and offload US currency.
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by
The NSE will introduce the Closing Auction Session (CAS) framework in the equity derivatives segment from August 3, 2026. While market closing time will be
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