Indian Metal & Energy Industry News & Updates - Economy
Rupee gets another knockout punch, sinks to fresh low
The Indian rupee continued to face pressure from fresh geopolitical tensions and rising Japanese yields. It fell to a record low of 91.70 against the dollar on Wednesday, down 72 paise from the previous close. This is the worst single-day fall since May 8, 2025.
Value buying helps market recoup early losses
Amid extreme volatility, the benchmark indices rebounded on Wednesday and recovered a part of their early losses as value buying emerged at lower levels.
Total flow of financial resources to the commercial sector jumped 45% to ₹30.8 lakh cr: RBI Bulletin
Rupee falls near record-low
The Indian rupee breached 91-mark for the first time in 2026 on Tuesday amid increased demand for dollars on account of outflows.
Fitch Ratings: ‘Indian earnings likely to improve in FY27, but US tariff cloud remains’
The financial performance of Indian corporates is expected to improve in FY27, with their credit metrics seen relatively stable, according to ratings agency Fitch Ratings.
Markets log worst day in 8 months on weak earnings
Benchmark indices extended their losses on Tuesday, registering their biggest single-day fall in eight months (May 13), as weak corporate earnings and renewed concerns over rising geopolitical tensions saw investors taking money off the table.
Gift City reinsurers flag GST & regulatory hurdles
Mumbai: Reinsurance entities operating from India’s International Financial Services Centre (IFSC) in Gujarat are facing both operational hurdles as well as a structural GST disadvantage, officials said during the third edition of the IFSCA-IRDAI-GIFT City Global Reinsurance Summit 2026, held in Mumbai on Monday.
Markets close in red: Nifty below 25,600, Sensex drops 320 points
Markets today at close: Indian equity markets closed the trade on a lower note, paring losses of the early session. The Nifty 50 ended 109 points or 0.42% lower at 25,585.50, while the Sensex dropped 324 points or 0.39% to 83,246.
IMF raises India's FY26 growth forecast to 7.3%
Centre likely to prioritise debt consolidation, capex push in Budget 2026: ICRA
India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge
Rupee slides to one-month low
The Indian currency on Friday posted the biggest single-day fall in a month on heavy dollar buying by importers, foreign outflows and less intervention from the Reserve Bank of India (RBI), along with dollar strengthening, according to currency traders.
Markets close higher: Nifty and Sensex end over 0.5% for the week; IT stocks shine
Markets at close: Indian key indices closed Friday’s trade on a high note, slashing intra-day gains. The Nifty 50 finished 29 points or 0.11% higher at 25,994, while the BSE Sensex surged 188 points or 0.23% to end at 83,570. The spotlight remained on IT stocks, contributing the most to the surge of indices.
FY'27 Budget likely to peg fiscal deficit at 4.3%: ICRA
India’s forex reserves up by $392 million to $687.19 billion as of January 9
Debt-GDP may dip to 55.1%, fiscal deficit to 4.2% in FY27
The Centre’s debt-to-GDP ratio in 2026–27 may be reduced by one percentage point to nearly 55.1%, signalling a structural shift in India’s fiscal policy framework. A one-percentage-point reduction in the debt ratio would translate into a fiscal deficit of around 4.2% of GDP in FY27, compared with the budgeted 4.4% in FY26.
Markets close in red: Nifty below 25,700, Sensex falls nearly 250 points; Metal stocks outperform
Markets at close: The key indices closed Wednesday’s trade on a lower note, with midcap stocks bucking the trend. The Nifty 50 closed the session 67 points or 0.26% lower at 25,665, while the BSE Sensex fell 245 points or 0.29% lower at 83,382.71. Outperforming benchmarks, the Nifty Midcap 100 ended the day 173 points or 0.29% higher at 59,770.
Global economy defies trade turmoil, growth to ease: World Bank
Rupee falls 6 paise to close at 90.29 against US dollar
New forex risk capital rules from April 2027
Sensex drops 250 points, Nifty 50 ends below 25,750— What drove the Indian stock market down? Explained
Rupee ends weak at 90.19 against the dollar, bond yields rise
Rupee ends 2 paise higher at 90.16 against US dollar
The rupee recovered from low levels and settled 2 paise higher at 90.16 (provisional) against the US dollar on Monday on weak American currency and sliding crude
Market snaps 5-day losing streak: Nifty climbs close to 25,800, Sensex jumps 300 points
The key equity indices closed the first session of the week on a higher note, snapping a 5-day losing streak. The Nifty 50 closed 107 points or 0.42% higher at 25,790, while the BSE Sensex ended 302 points or 0.36% higher at 83,878.
BMI forecasts 7% growth for India in FY27
December retail inflation seen between 1.6-1.7%
The Statistics Ministry will release the data officially on Monday. Though there could be a significant rise in the headline number, it will still be lower than the median rate of the targeted inflation range, i.e., 4 per cent and even lower than the lower band of range i.e., 2 per cent. There is a possibility of another round of rate cut in February or April meeting of the Monetary Policy Committee.
Indices log worst weekly fall in three months
Benchmark equity indices extended their decline for a fifth consecutive session on Friday, recording their worst weekly performance in three months (since September 26, 2025), as investors remained in a risk-off mode amid persistent uncertainty over US–India trade negotiations and escalating geopolitical tensions, particularly concerns over potential US trade measures linked to Russia-related sanctions.
Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline
Sensex slumps 1,600 points in 4 days on trade jitters
The stock markets started 2026 on a negative note—the third time in the past four years—with both the Sensex and the Nifty falling over 1% in the first eight days of the year. Continuing their losing streak for the fourth straight session on Thursday, the benchmark indices fell up to 1% amid renewed geopolitical tensions, trade-related concerns and persistent selling by foreign portfolio investors.
Rupee falls 7 paise to close at 89.94/$
The rupee fell 7 paise to settle at 89.94 (provisional) against the US dollar on Thursday, weighed down by a host of factors, including higher crude oil prices, foreign fund outflows, and a stronger greenback.