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Wednesday, June 3, 2026

Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

The rupee weakened by 40 paise to 95.76 against the US dollar due to proposed US tariffs, rising crude oil prices, and foreign fund outflows. Escalating geopolitical tensions in West Asia also contributed to the decline, impacting investor sentiment. Market participants now await the Reserve Bank of India's policy decision for further cues.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CAjXRQe
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Planning to get your first loan or credit card? How lenders evaluate new-to-credit customers - explained

Not having any credit accounts is a big disadvantage when looking to access new credit. But what can help is your existing relationship with banks, particularly those that hold your salary or savings account.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Iaun1Mb
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Dip in foreign investment is part of a self-correcting cycle : Bank of America’s Sahu



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Tuesday, June 2, 2026

RBI MPC meeting: Will the central bank cut, pause or hike rates amid Middle East crisis & inflation fears? What economists say

The Reserve Bank of India's Monetary Policy Committee begins its meeting amid inflation concerns. While interest rates are expected to remain unchanged this week, economists anticipate a tighter monetary stance later in the financial year. The RBI may also revise its inflation and GDP growth forecasts upward.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/lSHA7g9
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Sovereign Gold Bond redemption in June 2026: Check SGB premature withdrawal dates, eligibility and process

Sovereign Gold Bond (SGB) investors who purchased bonds between 2019 and 2021 can now apply for premature redemption in June 2026. The Reserve Bank of India has opened redemption windows for five specific bond tranches, requiring investors to submit requests within strict timelines to avoid rejection.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hgldFMY
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