SME Times is powered by   
Search News
Just in:   • Sensex, Nifty post notable gains in early trade led by IT stocks  • “Efficiency and precision drive every food processing solution we deliver.”: Sundar Prabu  • “Engineering accuracy and dependable tooling solutions are at the core of everything we create.”: Saravana Kumar  • CM Mohan Majhi to lead Odisha’s 2nd global investment outreach in UAE  • Rupee surges 67 paise to two-month high on robust FCNR-B inflows 
Last updated: 03 Sep, 2026  
 India Economy
rupee-2.jpg
Rupee surges 67 paise to two-month high on robust FCNR-B inflows
IANS | 03 Sep, 2026
The Indian rupee surged 67 paise to a two-month high against the US dollar on Thursday and logged its biggest single-day gain since June after the Reserve Bank of India's foreign currency non-resident bank (FCNR-B) inflows significantly exceeded market expectations.
 More Headlines
» FM Sitharaman highlights India’s investor-friendly policies, tax certainty, ongoing reforms
» FM Sitharaman to visit Canada, US to boost bilateral economic and financial partnerships
» India’s proposal for local currencies link between BRICS members seen as key item for summit
» BRICS discuss linking CBDCs and fast payment systems: RBI Governor Malhotra
» Government e-Marketplace rewrites rules of public procurement: Piyush Goyal
  Read more....
      Headlines
ns2.jpg Fresh customs, banking reforms on cards towards 'Viksit Bharat': FM Sitharaman
IANS | 01 Sep, 2026
India is preparing further customs and banking reforms, including risk-based import screening and a high-level review of the banking sector’s role towards building a developed India, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman said. 
  Read more....
msci.jpg MSCI rebalancing to test new closing auction system; stocks may see flows
IANS | 31 Aug, 2026
The MSCI index rebalancing on Monday is set to provide the first major test of the new closing auction session (CAS) with passive funds expected to execute large trades in final minutes of the trading session.  
  Read more....

ns.jpg India to clock 7 per cent growth in FY27: FM Sitharaman
IANS | 31 Aug, 2026
Finance Minister Nirmala Sitharaman said on Sunday that India is likely to sustain an economic growth rate of 7 per cent or more in the financial year 2026-27, continuing the momentum recorded in the years since the Covid-19 pandemic. 
  Read more....
pmmodi.jpg PM Modi visit to take India-Kyrgyzstan ties to new level, boost investment: Kyrgyz Investment Minister
IANS | 29 Aug, 2026
Kyrgyzstan expects Prime Minister Narendra Modi’s visit to give a major boost to bilateral economic ties, investment and trade, with the country keen to attract more Indian companies to sectors including infrastructure, renewable energy, tourism, technology and agro-industry, Kyrgyzstan’s Investment Minister Ravshanbek Sabirov said on Saturday. 
  Read more....

 
 
 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹96.5
₹94.8
UK Pound
₹132.25
₹128.15
Euro
₹113.6
₹109.8
Japanese Yen ₹61.3 ₹59.45
As on 03 Sep, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter