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Currency market participants said investor confidence improved following the RBI's policy announcements, particularly after the central bank emphasised that India's foreign exchange reserves remain strong enough to cushion the economy against external disruptions.
The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict.
Gold exchange boom: Old jewellery swaps rise up to 60% as record prices reshape buying habitsJSW–The Times of India Earth Care Awards Recognises Champions of Climate Action and SustainabilityRBI keeps rates unchanged, cuts growth and hikes inflation forecastRupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflictGold price prediction: What's the outlook for gold prices on June 5, 2026 & what should investors do?
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Oil prices today: Crude falls as Hezbollah rejects US-backed ceasefire, traders assess conflict risks'Our interest is ending the conflict': Putin rejects claims Russia is cashing in on Iran war oil surgeFor first time, Russia admits oil production has declined amid Ukraine's attacks on refineriesUS stock markets today (June 3, 2026): Oil nears $100 amid Iran tensions, Wall Street stays close to record highsFord recalls nearly 4.2 lakh vehicles over seat belt defect linked to injury risk
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Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairmanParliamentary panel pulls up DoT on internet shutdowns; asks to keep record, assess its impactGovt gets 33.44% stake in Vodafone Idea post equity allocationReliance Jio launches 5G services in 50 more cities; total number hits 184No plans for entry into telecom sector: Adani group
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DGCA renews Jet Airways' air operator certificate, says Jalan Kalrock ConsortiumMerger fast-tracked: AirAsia India flights to operate with Air India Express brandingIndian aviation market has huge potential waiting to be tapped: Top industry expertsLounge excess to crunch: International flyers feel the pinch at Delhi Airport's T3Vietjet to launch Kochi-Ho Chi Minh City flight in August
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