Rupee perks up 96 paise on RBI’s weekend measures

The Hindu Business Line - Oct 12, 2026

The last time the INR had a better opening than today’s was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

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India's wholesale inflation reached 11.4% in September, significantly increasing from 9.9% in August. Rising prices of fuel, food, and manufactured goods contributed to this surge. Food inflation climbed to 8.7%, marking a 23-month high. Retail inflation also saw an increase, rising to 5.54% year-on-year in September. Economists expect inflation to remain elevated in the coming months due to ongoing global commodity pressures.

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DP World bidding for all assets on offer: CEO Yuvraj Narayan amid West Asia conflict
Oct 14, 2026
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DP World is increasing its focus on the Indian port sector to explore new opportunities. The company plans to expand its capacity at Tuna Tekra and aims to renew concessions in Mumbai and Mundra. Significant disruptions in West Asia have heightened global supply chain costs and influenced capacity planning within logistics. As companies shift away from just-in-time supply chains, larger inventories are now prioritized for resilience.

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Oct 14, 2026
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Microsoft has launched the Xbox Nano Controller, which aims to enhance accessibility across various gaming devices. The compact controller is designed for younger players and portability, measuring just over five inches. In addition, Microsoft is partnering with television manufacturers to enable cloud gaming on supported devices. This strategic shift focuses on making Xbox games accessible beyond dedicated consoles through various other platforms.

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S Jaishankar met with Maka Botchorishvili in Abu Dhabi to bolster bilateral relations. The talks revolved around enhancing business partnerships, improving connectivity, and promoting cultural exchanges, while also addressing current regional challenges.

Rajnath Singh pitches drones, radars and choppers to ASEAN partners
Oct 14, 2026
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Defence Minister Rajnath Singh emphasized the importance of military cooperation with ASEAN partners during a recent forum. He proposed exploring collaboration in various defense sectors such as patrol vessels and drones. Singh highlighted co-development and co-production as methods to enhance local capabilities and industry support.

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