markets
Markets

Oil Jumps, Asian Stocks Fall On Iran Threat

By BPN News Desk
Oil Jumps, Asian Stocks Fall On Iran Threat Asian markets fell and oil prices climbed sharply after US President Donald Trump said Washington would continue hitting Iran “extremely hard”, raising fears of a deeper conflict and prolonged disruption in global energy flows. The remarks unsettled investors across the region, with traders reacting to the prospect
Business

KPMG To Cut Hundreds Of UK Jobs

By BPN News Desk
KPMG is preparing to cut almost 600 jobs in the UK as the firm responds to a prolonged slowdown and unusually low staff turnover in parts of its business. The move reflects continued pressure in the professional services sector, where weaker market conditions have reduced hiring momentum and forced firms to reassess workforce size. KPMG […]
RBI
Finance

RBI Caps Rupee Open Positions At $100 Million

By BPN News Desk
The Reserve Bank of India has capped banks’ net open positions in the rupee at $100 million in the onshore deliverable market, in a move aimed at containing currency volatility after the rupee fell to a record low against the US dollar. The step comes as pressure on the Indian currency has intensified amid higher […]
sensex nifty
Business Markets

Asian Stocks Fall As Iran Uncertainty Persists

By BPN News Desk
Asian stock markets fell on Friday as uncertainty over the Iran conflict kept investors cautious, although some indexes recovered part of their earlier losses as oil prices eased slightly and hopes of de-escalation improved later in the session. South Korea remained under the most pressure, with semiconductor stocks leading the decline. Asian Stocks Fall Amid […]
textile
Business Industry

Textile Industry Welcomes RoDTEP Restoration

By BPN News Desk
The textile industry has welcomed the Centre’s decision to restore full RoDTEP benefits, calling it a major relief for exporters facing pressure from weak global demand, higher logistics costs and uncertainty in overseas markets. The move reverses the earlier reduction in export incentives and is expected to improve competitiveness for textile units, especially in large
Anil Ambani
Business

Anil Ambani Seeks Panel To Fix Actual Dues

By BPN News Desk
Industrialist Anil Ambani has told the Supreme Court that he is not a fugitive and has asked for a lenders’ committee to be formed to determine his actual dues, as legal scrutiny around Reliance Communications and related financial disputes continues. The request is part of his effort to challenge the scale and characterisation of the […]
rupee
Business Markets

Rupee Falls to Record Low of 93.49

By BPN News Desk
The Indian rupee fell sharply to a new all-time low of 93.49 against the US dollar on Friday, extending pressure on the domestic currency as the West Asia conflict pushed crude oil concerns higher and foreign investor outflows continued. Rupee Hits Fresh Record Low At the interbank foreign exchange market, the rupee opened at 92.92 […]
nvidia
Business

Nvidia Sees $1 Trillion AI Chip Opportunity

By BPN News Desk
Nvidia has said the revenue opportunity for its artificial intelligence chip business could reach at least $1 trillion through 2027, as the company sharpens its focus on AI inference, the fast-growing segment that powers real-time responses from AI systems. The forecast was presented by chief executive Jensen Huang at the company’s annual GTC developer conference, […]

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