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Rapid Rounds
💵 Rupee weakens again to ₹86.41/USD—sixth straight daily drop on strong dollar & FII outflows 🔄 1‑month forward flat near ₹86.40, vol muted amid lack of volatility 📉 FII withdrawal continues: equities outflow ~ $333M this week, bonds off $9M too 🌐 IMF urges India to ease import curbs & liberalise FDI to shore up external balance 💵 Rupee weakens again to ₹86.41/USD—sixth straight daily drop on strong dollar & FII outflows 🔄 1‑month forward flat near ₹86.40, vol muted amid lack of volatility 📉 FII withdrawal continues: equities outflow ~ $333M this week, bonds off $9M too 🌐 IMF urges India to ease import curbs & liberalise FDI to shore up external balance

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We decode the stories behind Indian business, tech, startups, and markets — with clarity, context, and occasional satire.

Bazaar Buzz
🏦 RBI net‑buys $1.76B in FX in May—first major intervention after April’s sell‑off 💰 RBI forward FX sales down to $65.2B, from $72.6B previously—sign of easing intervention 📈 SBI QIP closes at ₹25,000Cr; LIC increases stake to 9.49%, CET‑1 boosts to ~11.5% 📉 SBI’s QIP was 4.5× oversubscribed; foreign investors grabbed 64% of demand 🏦 RBI net‑buys $1.76B in FX in May—first major intervention after April’s sell‑off 💰 RBI forward FX sales down to $65.2B, from $72.6B previously—sign of easing intervention 📈 SBI QIP closes at ₹25,000Cr; LIC increases stake to 9.49%, CET‑1 boosts to ~11.5% 📉 SBI’s QIP was 4.5× oversubscribed; foreign investors grabbed 64% of demand