Money Today

📈📉 *Market Today | The Rupee fell to a two-month low, closing at 86.09 against the US dollar on Friday, driven by a surge in crude oil prices and escalating tensions in West Asia. The currency depreciated by 49 paise compared to its previous close of 85.60, marking its weakest point since April 11.* ➡️ The rupee's trading range was predicted to be between 85.70 and 86.25, reflecting market concerns over the geopolitical situation as Israel launched an attack on Iran. Read more: https://tinyurl.com/42zn28s9 _React with an emoji to this update_

*Retail inflation in India eased to 2.82% in May 2025, the lowest annual rate since February 2019, according to government data released on Thursday.* ➡️ The reading reflects a 34 basis point decline from April's 3.16%, signalling a sharp slowdown in consumer price growth. This moderation was largely driven by a continued decline in food prices and a broad-based cooling across key consumption categories. Read more: https://tinyurl.com/mth54y7y _Turn on the Notifications 🔔 to Never Miss an Update from BusinessToday.in_

*💰The conflict between India and Pakistan is set to impact the Indians travelling to Turkiye and Azerbaijan, who have expressed support to Pakistan. Tourism is just one of the $12 billion trade these countries have with India. Notably, the conflict has been brought to an end with a ceasefire effective from 5 pm IST on May 10.* ➡️ According to the Ministry of External Affairs (MEA) data, India was the third largest destination for Azerbaijan’s CrudeOil in 2023. India accounted for 7.6% of Azerbaijan’s total crude oil export worth $1.227 billion. Read more: https://tinyurl.com/muwp7mb5 🗣️ *BT Poll | Will you avoid travelling to these two countries?* React with:- 👍 for Yes 😯 for No 🙏 for Maybe

*#OperationSindoor: “We have given full freedom to the Indian army to wipe out the terrorists and today every terrorist, every terror organisation knows 'ki hamari behano, betiyon ke maathe se Sindoor hatane ka anjaam kya hota hai," said PM Narendra Modi while addressing the nation.'* Watch LIVE on BTTV: https://tinyurl.com/5n6bvddd

🚨*After four days of missile strikes and military posturing, India and Pakistan have agreed to a ceasefire—brokered by a direct military call, not diplomacy, Indian officials clarified Saturday.* ➡️ Foreign Secretary Vikram Misri confirmed that the ceasefire was initiated by a call from the Pakistani Director General of Military Operations at 15:35 IST. Read more: https://tinyurl.com/yc4uf9bh _Turn on the Notifications 🔔 to Never Miss an Update from BusinessToday.in_

🚨*Blackouts were enforced in Barmer and Amritsar on Saturday night after Pakistan violated the newly declared ceasefire, triggering panic and renewed military alerts in multiple Indian border regions.* ➡️ Just hours after Islamabad requested and agreed to a ceasefire, Pakistan launched fresh attacks along the Line of Control (LoC), Read more: https://tinyurl.com/44y2txwf _Turn on the Notifications 🔔 to Never Miss an Update from BusinessToday.in_

🇺🇸🇨🇳 *President Donald Trump on Saturday declared a "total reset" in US-China trade relations after high-stakes talks in Switzerland, calling the closed-door meeting “friendly, but constructive". The talks were held between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng.* ➡️ In a post on Truth Social, Trump described the Geneva negotiations as “a very good meeting” and claimed “great progress” had been made, though he gave no details. Read more: https://tinyurl.com/3z6x2syj _React with an emoji to this update_

*#BTIndiasMostSustainableCompanies 2025 | The inaugural BT India’s Most Sustainable Companies Summit & Awards will spotlight India’s ESG champions. A distinguished jury, chaired by Rajnish Kumar, Former Chairman of SBI, will lead the evaluation and selection process for this trailblazing summit by Business Today.* ➡️ The diverse jury panel includes Deepali Pant, former Executive Director, RBI; Mehul Pandya, MD & Group CEO, CareEdge Group; Vimal Bhandari, Chairman of the Board, HDFC Trustee Company Ltd; Kamran Khan, MD & Head of ESG for Asia Pacific, Deutsche Bank; Srinath Sridharan, Corporate Advisor; and Dr K Ravichandran, Director, IIFM. Stay tuned to find out which companies emerge as India’s top ESG leaders! 🗓️ June 6 (Friday) 📍 Delhi Know more: https://tinyurl.com/2wwyfyt3

*📚📖 Business Today Magazine | India’s post-pandemic pharma pivot takes centre stage. Under the leadership of Adar Poonawalla, Serum Institute of India, is rewriting its growth playbook with R&D-led vaccines, global ambitions, and bold new bets, which include a stake in Karan Johar's Dharma Productions.* Also in focus are the broader industry landscape amid the waning relevance of pandemic-era high performers and a sharp editorial reflection on Pakistan’s economic freefall and its militarised roots. *Read BT Cover Story:* https://tinyurl.com/459dksuw _Business Today Magazine's latest issue- On Stands and Online!_

📈📉 *Market Today | The Indian market saw a deep cut in the afternoon session on Thursday as investors await the clarity on tariff solution between the US and other major economies, including India. Another factor, which dampened market sentiment is US President Donald Trump's tax and spending bill, which raised fears that it will lead to an increase in the US debt and further slow US economic growth.* ➡️ Sensex slipped 1,005 pts to 80,591.68 and Nifty fell 275 points to 24,537. Know more: https://tinyurl.com/4eajrb23 🗣️ *BT Poll | Is your investment portfolio in Red or Green?* React with:- *👍 for Red* *😯 for Green* *🙏 for I don't invest in stocks*