Money

The currency has already weakened by about 4 per cent since the start of the US-Iran conflict, with higher energy prices and a broader risk-off environment weighing on the rupee.

The RBI has informed that the procurement process is presently at an initial stage, Sitaraman said.

The government is also considering a proposal to ease FDI norms for downstream investments to boost overseas fund inflows and create jobs.

The clarification comes after an amendment to the Payment and Settlement Systems Act, 2007, sparked a debate over whether the government was preparing to impose charges on UPI transactions.

At the interbank foreign exchange market, the rupee opened at 95.13, then touched 95.17 against the American currency.

Musk has long talked about turning X into an 'everything app' that would include financial services.

The total SIF AUM increased from ₹13,814 crore in May, while monthly inflows rose to ₹3,782 crore against ₹1,396 crore.

Brent crude, the global oil benchmark, traded marginally higher by 0.15 per cent to $78.14 per barrel.

The ministry said it has decided to extend the due date after it received representation from various stakeholders highlighting technical difficulties in filing appeals due to rush on the GSTAT portal.

NGOs must spend ₹10 Lakh, disclose donors as per the amended rules.

The filing is expected on June 15 or June 16 and follows the exchange's board approval for the IPO earlier this year after receiving Sebi's no-objection certificate