Experts have indicated that if oil prices stay elevated, the currency could move into the 94–95 per dollar range. (AI image) Rupee depreciated against the US dollar in early trade on Tuesday, falling to levels of 93.71, down 18 paise from its Monday closing. On Monday, the rupee had breached the 94 per dollar mark…

US stock markets rebounded on Wednesday after two days of sharp volatility, supported by easing oil prices and encouraging economic data that improved investor confidence.The S&P 500 rose 0.8 per cent in midday trading and was on course to recover most of the losses recorded since the war with Iran began. The Dow Jones Industrial…

HDFC Bank CEO and MD Sashidhar Jagdishan said in an interview with TOI that there were matters on which he and the former chairman agreed to disagree, and these were dealt with maturity on the board, and his resignation came as a surprise. However, Chinese whispers gave these a dramatic flavour outside.When did you come…

A fresh wave of global risk aversion battered Wall Street on Tuesday, with US equities sliding sharply as oil prices spiked again amid fears that the widening war with Iran could inflict deeper and more prolonged damage on the global economy, the Associated Press reported.The S&P 500 fell 2.4 per cent in morning trade and…