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  3. Rupee slides to 2026 lows: Plummets to 95 per dollar yet again - 3 reasons why
ipo services in India
India IPO
  • 11 May 2026
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 Rupee slides to 2026 lows: Plummets to 95 per dollar yet again - 3 reasons why

The Indian rupee hit a record low of 95 per US dollar, dropping by 0.56% due to increasing crude oil prices and a stronger dollar. Tensions between Iran and the US added to market uncertainty, with President Trump rejecting Iran’s peace proposal. The domestic equity market also saw a significant decline, while India’s forex reserves […] | financialexpress.com

Rupee slides to 2026 lows: Plummets to 95 per dollar yet again - 3 reasons why

Market 48 min ago

This is an AI assisted summary.

The Indian rupee hit a record low of 95 per US dollar, dropping by 0.56% due to increasing crude oil prices and a stronger dollar. Tensions between Iran and the US added to market uncertainty, with President Trump rejecting Iran's peace proposal. The domestic equity market also saw a significant decline, while India's forex reserves and rupee value continued to decrease.

Swipe up for next shorts

2 / 50

Direct Summer Special Train on Barmer-Haridwar route to start from this week

Business 39 min ago

This is an AI assisted summary.

Indian Railways has introduced a new bi-weekly summer special express train from Barmer to Haridwar, running for 40 trips and offering direct connectivity for pilgrims, tourists, and daily commuters. This will provide a convenient and affordable option for travelers during the peak summer season and alleviate the burden on regular trains.

Swipe up for next shorts

3 / 50

Indian-origin Democrat fires back at Trump after ‘sleazebag’ remark

US News 33 min ago

This is an AI assisted summary.

Democratic Congressman Ro Khanna defended his decision to appear on conservative media after US President Donald Trump launched a series of angry social media posts attacking both Khanna and Fox News.

Swipe up for next shorts

4 / 50

7 reasons why markets are falling today: Sensex nosedives over 1,000 points

Market 1 hr ago

This is an AI assisted summary.

The Indian stock market saw a significant decline today, with the Sensex and Nifty falling over 1.3%. This was due to various factors such as rising crude oil prices, West Asia conflict, concerns over India's import bill, and PM Modi's comments on fuel and spending. All sectors were affected, and analysts warn of economic pressure and the impact on heavyweights.

5 / 50

‘Don’t know gas price future’: Trump aide retracts $3 prediction

World News 2 hr ago

This is an AI assisted summary.

The Trump administration is discussing suspending the federal gas tax in response to rising tensions with Iran. US Energy Secretary Chris Wright is open to all solutions to address the increasing gas prices, which have risen by 50%. The Strait of Hormuz remains blocked, causing uncertainty about future gas prices. Trump may also resume his "Project Freedom" to weaken Iran's control.

6 / 50

Bengaluru-Mumbai Summer Special Train to begin on May 19

Business 2 hr ago

This is an AI assisted summary.

Indian Railways has launched a bi-weekly special train service between Bengaluru and Mumbai to alleviate the struggles of commuters due to limited train services, overcrowding, and waiting lists. The train will operate on Saturdays and Tuesdays from Bengaluru and Sundays and Wednesdays from Mumbai, passing through major cities and junctions.

7 / 50

Tata Consumer surges 5% in a falling market – Nuvama sees 22% upside despite El Niño risks

Market 2 hr ago

This is an AI assisted summary.

Tata Consumer Products reported strong quarterly earnings for Q4 FY26, despite the impact of El Niño on the rural economy. Nuvama Institutional Equities remains cautious and lowered the target price due to potential risks for rural consumption in the second half of FY27. However, the company's India business showed robust growth in volumes and revenue across different segments.

8 / 50

Swiggy: Nuvama sees 70% upside – Why ‘quality growth’ in Instamart can be a gamechanger

Market 2 hr ago

This is an AI assisted summary.

Swiggy's food delivery and quick commerce businesses have shown positive trends, with improving profitability and narrowing losses. Nuvama brokerage has a 'Buy' rating on the stock and a revised target price of Rs 477, indicating a potential upside of 70%.

9 / 50

Watch: Turkish Airlines plane tyre catches fire during Kathmandu airport landing

Business 2 hr ago

This is an AI assisted summary.

A Turkish Airlines flight from Istanbul to Kathmandu faced a major scare when one of its tyres exploded upon landing, triggering a fire near the wheel section. All 278 passengers and 11 crew members were safely evacuated using emergency slides, as captured in videos shared on social media. The cause of the tyre explosion is still under investigation. No injuries were reported.

10 / 50

Hantavirus outbreak: Indian crew members safe, CDC chief Jay Bhattacharya urges calm

World News 4 hr ago

This is an AI assisted summary.

Indian-origin scientist Jay Bhattacharya has urged people not to panic over the hantavirus outbreak linked to a cruise ship near Spain’s Canary Islands, saying the situation is very different from the Covid-19 pandemic and is unlikely to turn into a major global health crisis.

11 / 50

JP Morgan upgrades Titan : Sees 20% upside as Jewellery giant defies high Gold prices

Market 4 hr ago

This is an AI assisted summary.

Titan Company, supported by Tata Group, has announced robust Q4 earnings and received an ‘Overweight’ rating from JP Morgan. Despite expensive gold prices, Titan’s jewellery division maintains a strong market position and customer appeal, proving to be a competitive advantage.

12 / 50

‘Hope Musk becomes world’s 1st trillionaire’: US journalists indulge in fiery clash

World News 4 hr ago

This is an AI assisted summary.

US journalists discuss NYC Mayor Zohran Mamdani's "Tax the Rich" proposal and the growing anti-billionaire sentiment in America. The debate gained attention for references to figures like Elon Musk and Jeff Bezos, with polls showing majority support for taxing the rich. The recent Met Gala also sparked controversy, with calls for a boycott due to Bezos' involvement.

13 / 50

Inside Iran’s ‘Totally Unacceptable’ counter-peace proposal that Trump

World News 4 hr ago

This is an AI assisted summary.

US President Donald Trump on Sunday rejected Iran’s latest response to a US-backed peace proposal aimed at stopping the ongoing conflict in the Middle East. The reaction came just hours after Iran sent its counteroffer through Pakistani mediators.

14 / 50

Why vertical AI matters

Technology 11 hr ago

This is an AI assisted summary.

India's IT industry has a strong global position in delivering customized software solutions, with projected revenue of $300 billion by FY26. However, concerns about technological disruption and the rise of AI raise questions about the country's role in the global technology ecosystem.

15 / 50

Brewing a growth story

Brand Wagon 30 min ago

This is an AI assisted summary.

Nestle India's March 2026 quarter results saw a rise in net profit and revenue, driven by Nescafé's double-digit growth in value and volume. This was due to lower coffee prices and the rise of coffee chains and ready-to-drink formats. The brand's rural expansion and focus on premiumization also played a role, but rising input costs may lead to price adjustments for its products, including Nescafé.

16 / 50

BMW M440i convertible review: The Rs 1.09 crore ‘family supercar’ for Indian roads

Auto 14 hr ago

This is an AI assisted summary.

The BMW M440i Convertible is a practical 'family supercar' with four seats, ample luggage space, and impressive speed. It may not be as flashy as a Lamborghini, but it still turns heads. The spacious and practical cabin makes it suitable for a couple with kids. With a 374 hp engine, it can go from 0-100 km/h in just over 5 seconds and has a comfortable suspension for city driving.

17 / 50

Maruti targets three-row EV space with YMC MPV

Auto 2 hr ago

This is an AI assisted summary.

Maruti Suzuki, India's top carmaker, will debut in the three-row EV market with its new YMC electric MPV. The company aims to maintain its lead in the people-mover segment by entering the EV space. The YMC, launching in 2026, will share components with the eVitara and focus on family buyers before expanding to fleet use. Rivals like BY are also vying for the three-row EV market.

18 / 50

Power demand surges towards 270 GW, but thermal project delays slow capacity build-up

Economy 13 hr ago

This is an AI assisted summary.

India's thermal power capacity addition in FY26 fell short at 73% due to delays in equipment supplies and land acquisition, despite peak electricity demand and reliance on coal-based generation. With only 29% of planned additions completed in FY25 and an estimated 6 GW to be added in FY27, the gap between rising demand and slower thermal capacity addition is a major concern.

19 / 50

FPOs’ sales rise via commodity exchanges in FY26

Economy 16 hr ago

This is an AI assisted summary.

The introduction of commodity bourses on an experimental basis in FY25 has led to a rise in sales of farm goods by FPOs. In FY26, over 100 FPOs have sold agricultural commodities worth Rs 700 crore on the NCDEX platform. This has formalized agricultural trade and expanded selling options for farmers beyond traditional mandis.

20 / 50

Why Every IPL 2026 Team is Praying for a Mumbai Indians Victory vs RCB

Sports 16 hr ago

This is an AI assisted summary.

MI and RCB are set to clash in a crucial match, with other teams hoping for a Mumbai win. RCB holds the key to the final playoff spot and a loss would benefit the league. A win for RCB would secure their place, but a loss would create a four-way tie at 12 points.

21 / 50

Special tax drive launched as revenues slow

Money 16 hr ago

This is an AI assisted summary.

The government is under pressure due to rising expenses and low revenue growth. To tackle this, the Income Tax Department has instructed officers to boost tax recovery, monitor non-compliant taxpayers, and manage demands better. Special teams will focus on top arrear cases and analyze tax trends.

22 / 50

India, Oman to decide FTA timeline soon

Economy 16 hr ago

This is an AI assisted summary.

India and Oman will be discussing remaining issues and setting a date for their Comprehensive Economic Partnership Agreement (CEPA) to take effect. Chile's Minister of Foreign Affairs will also be in New Delhi to discuss trade and a Free Trade Agreement (FTA). Both sides are actively working on concluding negotiations, with a focus on critical minerals.

23 / 50

Yearly SIP account growth drops for two consecutive financial years

Money 17 hr ago

This is an AI assisted summary.

SIP contribution in February hits record high at Rs 32,087 crore, but growth in number of accounts slows down for second year. Direct investments decline and 4.28 million SIP accounts mature/close/pause. Assets per SIP account increase, showing committed investors. Decline in accounts reflects market cycle psychology as new investors are cautious due to increased uncertainty.

24 / 50

Can Lucknow Spoil Chennai’s Chances? What A Loss for CSK vs LSG Means In IPL 2026 Playoffs Race

Sports 20 hr ago

This is an AI assisted summary.

CSK must win against LSG in their must-win match to secure a spot in the top four of IPL 2026. LSG, led by breakout star Prince Yadav, have been a formidable team and could potentially spoil CSK's chances. CSK needs to win three of their remaining four matches to secure a playoff spot.

25 / 50

UAE stopover to bolster PM Modi’s high-stakes Europe tour amid West Asia turmoil

India News 21 hr ago

This is an AI assisted summary.

PM Modi's diplomatic tour to UAE, Netherlands, Sweden, Norway, and Italy aims to strengthen energy security, economic partnerships, and strategic ties amidst global uncertainty. The UAE visit will prioritize safeguarding energy supplies and strengthening ties.

26 / 50

‘Trans Tamil immigrant’ hit with backlash after Scottish parliament election

World News 20 hr ago

This is an AI assisted summary.

Indian-born transgender immigrant Q Manivannan made history by becoming the first non-binary person to be elected as a Member of the Scottish Parliament (MSP) for the pro-independence Scottish Greens. However, their success was met with controversy due to their immigration status and previous social media history. The relaxation of rules allowed them to qualify as a candidate.

27 / 50

Tamil Nadu CM’s emotional oath speech promises ‘Vijay Mama’ full support for Gen Z

India News 22 hr ago

This is an AI assisted summary.

On May 10, Tamil Nadu witnessed the swearing-in ceremony of its 13th Chief Minister, C Joseph Vijay, popularly known as "Thalapathy." In his debut speech, Vijay emphasized his humble origins and promised to fulfill his pre-election pledges. He also thanked the public for their love and support, especially the younger generation who call him "Vijay Mama."

28 / 50

Sridhar Vembu, Zoho Chief Scientist, exposes Tamil Nadu’s BJP phobia as ‘political ploy’

India News May 10, 2026

This is an AI assisted summary.

Sridhar Vembu, CEO and founder of Zoho Corporation, criticized Tamil Nadu politics for demonizing the BJP and called for a focus on grassroots development rather than alliances with suppressive parties. He also praised BJP's alliances in other states and advocated for nurturing passionate youth leadership to revive the party in Tamil Nadu.

33 / 50

Indian tourism waking up to its floral power

Lifestyle May 10, 2026

This is an AI assisted summary.

India's floral tourism is growing, with hotspots like Jammu & Kashmir's Indira Gandhi Memorial Tulip Garden, Meghalaya's cherry blossom festival, and Uttarakhand's Valley of Flowers National Park attracting many visitors. Ladakh and Kerala are also developing their own flower-themed attractions.

34 / 50

Why Manchester City’s Abu Dhabi ownership is facing fresh scrutiny

Sports May 10, 2026

This is an AI assisted summary.

Sheikh Mansour's ownership of Manchester City has brought immense success to the club, winning multiple Premier League titles and the UEFA Champions League. However, as the Abu Dhabi-backed project faces scrutiny beyond football and finance, questions arise about geopolitics, international regulation, and the role of sovereign wealth ownership in global sport.

35 / 50

M&M giving hot chase to JSW MG for 2nd spot in EV race

Auto May 10, 2026

This is an AI assisted summary.

Tata Motors is currently the leader in the electric car industry, but Mahindra is quickly closing the gap with the launch of new EV models. The difference in sales between the two companies has decreased to just 1,000 units from 18,000 in 2025. The competition is intensifying with new players like Maruti Suzuki, Vinfast, and Toyota, and upcoming EVs from Hyundai and Kia.

36 / 50

How to survive a heatwave: Common symptoms, precautions and treatment

Lifestyle May 10, 2026

This is an AI assisted summary.

India is experiencing extreme heatwaves, with 95 cities among the hottest in the world. The health ministry has issued guidelines for state governments to monitor heat-related illnesses. High-risk groups include the elderly, children, outdoor workers, and those with chronic diseases. Prevention measures include staying hydrated, avoiding peak heat hours, and wearing light clothing.

37 / 50

How to treat and prevent seasonal stomach upsets

Lifestyle May 10, 2026

This is an AI assisted summary.

Summer brings an increase in stomach infections, with contaminated food and water being the main cause. Proper hygiene and safe food practices are key to prevention, along with staying hydrated and maintaining a balanced diet. Probiotics can help restore gut health, but should be used as advised and not self-prescribed.

38 / 50

Para sports get a leg-up as Indian athletes continue to break barriers

Sports May 10, 2026

This is an AI assisted summary.

India's para athletes have shown remarkable determination and transformed their disabilities into success at the 2025 World Para Athletics Championships in New Delhi, winning 22 medals, including 6 gold. This was followed by a record-breaking performance at the 2024 Paris, solidifying India's position in the global para sports arena.

39 / 50

How WFI Blocked Vinesh Phogat’s Dream Comeback

Sports May 10, 2026

This is an AI assisted summary.

Vinesh Phogat, the richest wrestler in Indian sport, has overcome various obstacles in her career, including an Olympic disappointment and a political venture. However, the Wrestling Federation of India has barred her from participating in the Asian Games, disregarding her success, endorsements, and popularity. Vinesh's comeback ambition appears to be diminishing.

40 / 50

Gen Alpha’s boon & bane — the smartphone

Lifestyle May 10, 2026

This is an AI assisted summary.

Indian teenagers have widespread access to smartphones and the internet, causing worries about their digital involvement and mental wellbeing. Countries like Australia, France, and South Korea are considering or enforcing social media bans for children under 16, while India's Karnataka state plans to do the same.

41 / 50

The new AI companion

Technology May 10, 2026

This is an AI assisted summary.

OpenAI has added AI pets to its Codex coding tool to make technology more approachable and less intimidating. While this shift reflects the trend of technology becoming more playful and emotional, it also raises concerns about commercialization and emotional attachment to highly powerful AI systems. The demand for software that feels like a friend is on the rise.

42 / 50

Cities change their climate

Lifestyle May 10, 2026

This is an AI assisted summary.

Cities worldwide are taking bold steps to combat climate change, with Amsterdam leading the way by banning advertisements for meat and fossil fuel products. This move aims to promote sustainable practices and curb greenhouse gas emissions. Other cities are also implementing similar bans and redesigning infrastructure to adapt to a warming planet.

43 / 50

Fashion meets functionality

Lifestyle May 10, 2026

This is an AI assisted summary.

Fashion is evolving beyond just style to include functionality, with brands like Harfun and Wacoal using advanced technologies and smart materials to create performance-driven and comfortable garments. The demand for functional fashion is increasing in India, as professionals seek versatile clothing for work and home.

44 / 50

Lucknow Metro Line 2 to introduce driverless trains, 15 trainsets planned for Phase 1B

Business May 9, 2026

This is an AI assisted summary.

The Lucknow Metro project's East-West Corridor (Line 2) will bring a major transformation in urban transport with fully driverless metro trains. Equipped with advanced technologies like UTO, CBTC, and AI-based predictive maintenance, the 11.165 km long corridor will have 12 stations and is expected to improve connectivity and reduce travel time.

45 / 50

East Coast Railway adds extra coaches on Howrah–Puri and Shalimar–Charlapalli trains

Business May 9, 2026

This is an AI assisted summary.

East Coast Railway will add extra coaches to important trains between Howrah-Puri and Shalimar-Charlapalli from 9-15 May. This will ease the struggle for confirmed tickets and make journeys more comfortable for passengers.

46 / 50

Bengaluru–Mumbai superfast train to roll out in June—Check train route, benefits here

Business May 9, 2026

This is an AI assisted summary.

The Bengaluru-Mumbai Superfast Train, set to launch in June, will run through major cities in Karnataka and reduce travel time between the two commercial hubs. The new train will provide faster, more comfortable, and reliable transport, benefiting daily and long-distance travelers. It will also enhance regional connectivity, providing improved access to major urban centers.

47 / 50

Trump govt to strip 62-year-old Indian-origin man’s citizenship

World News May 9, 2026

This is an AI assisted summary.

The US Justice Department has identified 12 cases of foreign-born individuals, including Indian native Debashis Ghosh, who are facing denaturalisation for serious offences such as war crimes, supporting terrorist groups, and sexual abuse. Ghosh, who is also under investigation for fraud, is among those flagged by the DOJ.

48 / 50

MCX Q4 FY26: Net profit surges 3-fold to Rs 529 crore

Business May 9, 2026

This is an AI assisted summary.

MCX, India's leading Commodity Derivatives Exchange, reported a massive 291% profit growth in Q4 FY26 with a consolidated net profit of Rs 529 crore. The company also saw a 205% YoY revenue growth and a 271% increase in EBITDA. Bullion, metal, and energy were the top growth drivers, and the company's focus remains on sustainable growth and diversification.

49 / 50

Why Liverpool Were Forced to Revise Ticket Price Hikes at Anfield

Sports May 9, 2026

This is an AI assisted summary.

Liverpool FC has revised their ticket pricing plans due to pressure from fans, with a 3% increase for 2026/27 and a price freeze for 2027/28. This highlights the tension between rising costs and fan tolerance for price hikes, and the need for clubs to seek new sources of revenue beyond football.

Source: The Financial Express

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