Business

Rupee At 7-Month High of 83.76 Against US Dollar: The rupee has been supported by sustained foreign fund inflows and stronger domestic data, according to forex traders. Source

India Business News: Meta has appointed Arun Srinivas as the managing director and head of its India operations, effective July 1, 2025. He succeeds Sandhya Devanathan, wh Source

Indian airlines may suspend flights to a few destinations where it may be operationally or financially unviable to operate flights that circumvent the Pakistani airspace, according to industry experts. Source

Shares of Eternal (formerly Zomato) rose 2.3% to hit the day’s high of Rs 237.90 on the BSE on Friday; Should you buy? Source

India Business News: The government is convening a meeting with shipping lines and container firms to evaluate the impact of the escalating conflict in West Asia on India’ Source

RBI data shows that remittances for investment in equity and debt spurted to $173.84 million in February from $104.98 million in the previous month. Source

Even as the income tax department has notified ITR-1, ITR-3 and ITR-4 forms for the assessment year 2025-26 (financial year 2024-25), the income tax return filing is expected to start next week. Source

India Business News: India’s goods exports experienced a slight contraction of 2.3% in May, mirroring a 2.8% dip in imports, leading to a reduced trade deficit of $21.9 bi Source

The DGCA also directed Indian airlines to have customer service and support readiness in view of the situation, and asked them to ensure seamless coordination between their teams and with service providers. Source

IT Stocks Today: Indian IT stocks rise as Cognizant beats Q1 estimates, lifts outlook; AI demand, BFSI rebound boost sector sentiment Source