Latest news with #Bhansali
Economic Times
a day ago
- Business
- Economic Times
Rupee rises 23 paise to 85.49 against US dollar in early trade
The rupee rose 23 paise to 85.49 against the US dollar in early trade on Friday, aided by strong FII inflows and positive sentiments in the domestic equity markets. ADVERTISEMENT However, a rise in global crude oil prices and a slightly stronger greenback capped further gains in the local unit, forex traders said. Foreign institutional investors (FIIs) purchased equities worth Rs 12,594.38 crore on a net basis on Thursday, according to exchange data. At the interbank foreign exchange, the rupee opened at 85.50 against the dollar before inching up to 85.49, higher by 19 paise from its previous close. The local unit rose 36 paise to close at 85.72 against the US dollar on Thursday. "The rupee is expected to be within a range of 85.35-85.95 as inflows dominated outflows yesterday (Thursday), taking the Indian currency up. We expect the same today (on Friday), though there could be outflows from oil, RBI buying, and FPI buying dollars," Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP, said. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.10 per cent at 97.24. ADVERTISEMENT Brent crude, the global oil benchmark, went up 0.47 per cent to USD 68.05 per barrel in futures trade after declining in the previous session. "Brent oil prices rose slightly in Asian trading on some resilience in US demand but were set for weekly losses this week as concerns over the Middle East demands cleared after the Iran-Israel ceasefire," Bhansali said. Meanwhile, in the domestic equity market, Sensex rose 229.22 points to 83,985.09 in early trade, while Nifty was up 73.5 points to 25,622.50. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
a day ago
- Business
- Time of India
Rupee rises 23 paise to 85.49 against US dollar in early trade
The rupee rose 23 paise to 85.49 against the US dollar in early trade on Friday, aided by strong FII inflows and positive sentiments in the domestic equity markets. However, a rise in global crude oil prices and a slightly stronger greenback capped further gains in the local unit, forex traders said. Foreign institutional investors (FIIs) purchased equities worth Rs 12,594.38 crore on a net basis on Thursday, according to exchange data. At the interbank foreign exchange, the rupee opened at 85.50 against the dollar before inching up to 85.49, higher by 19 paise from its previous close. The local unit rose 36 paise to close at 85.72 against the US dollar on Thursday. "The rupee is expected to be within a range of 85.35-85.95 as inflows dominated outflows yesterday (Thursday), taking the Indian currency up. We expect the same today (on Friday), though there could be outflows from oil, RBI buying, and FPI buying dollars," Anil Kumar Bhansali, Head of Treasury and Executive Director at Finrex Treasury Advisors LLP, said. Live Events The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.10 per cent at 97.24. Brent crude, the global oil benchmark, went up 0.47 per cent to USD 68.05 per barrel in futures trade after declining in the previous session. "Brent oil prices rose slightly in Asian trading on some resilience in US demand but were set for weekly losses this week as concerns over the Middle East demands cleared after the Iran-Israel ceasefire," Bhansali said. Meanwhile, in the domestic equity market, Sensex rose 229.22 points to 83,985.09 in early trade, while Nifty was up 73.5 points to 25,622.50.
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Business Standard
a day ago
- Business
- Business Standard
Rupee continues rally amid weak US data; opens higher at 85.50/$
The Indian rupee extended gains for the second consecutive day, supported by weak US economic data and easing geopolitical tensions. The domestic currency opened 21 paise higher at 85.50, a day after closing at 86.71 against the dollar, according to Bloomberg. The unit is headed for its best weak several weeks, aided by a plunge in oil prices after the Israel-Iran ceasefire. The currency has depreciated by 0.2 per cent so far this month, making it one of the worst-performing Asian currencies. The Indian rupee is expected to appreciate to 85.50, and trade within a range of 85.35 to 85.95, according to Anil Kumar Bhansali, head of treasury and executive director at Finrex Treasury Advisors LLP. Inflows dominated outflows yesterday, lifting the rupee by 38 paise, and a similar trend is anticipated today, he said. "However, potential outflows from oil payments, Reserve Bank of India (RBI) dollar purchases, and global funds buying may cap gains." A significant outflow of around $1 billion could also occur due to JSW Paints' acquisition of Akzo Nobel, Bhansali said, adding that the final day of the HDB Financial issue could trigger additional inflows. Suggested strategy would be to buy on dips for hedging, sell on upticks for cash and near-term transactions, he said. Meanwhile, the dollar index was slightly higher driven by hopes for a rate cut by the US Federal Reserve. The first quarter consumer spending grew at the weakest pace since the pandemic. The US dollar index, which measures the greenback against a basket of six major currencies, was up 0.11 per cent at 97.25. On Thursday, White House Press Secretary Karoline Leavitt said that US President Donald Trump could extend the July 9 deadline to impose reciprocal tariffs in a bid to secure deals with other trading nations. This sent the equity market higher on Wall Street. With global risk sentiment improving and the potential for continued fund inflows, the rupee may head towards 85.25 in the coming days, Jateen Trivedi, VP research analyst - commodity and currency at LKP Securities, noted. The RBI's bulletin showed a decline in its short dollar position to $73 billion, with outstanding positions of up to three months falling to $15 billion. This provides the central bank with greater flexibility to intervene in the event of pressure on the rupee, experts noted.
Time of India
2 days ago
- Entertainment
- Time of India
Kareena Kapoor Khan calls her relationship with Sanjay Leela Bhansali ‘Love and War': 'We are always like that'
Kareena Kapoor playfully described her relationship with Sanjay Leela Bhansali as 'Love and War' while praising his filmmaking. She encouraged Vicky Kaushal to work with Bhansali, calling him lucky. Vicky shared Bhansali's curiosity and dedication to cinema, inspiring actors to keep exploring creatively until the final shot. Though Kareena Kapoor 's past disagreement with filmmaker Sanjay Leela Bhansali is well-known, she took a playful approach to the topic while chatting with Vicky Kaushal . She expressed genuine admiration for Bhansali, telling Vicky how fortunate he is to be working with the acclaimed director. Kareena's Wish for Vicky and the 'Love and War' Equation In a candid one-on-one on The Hollywood Reporter's Take 2, Kareena expressed her wish to see Vicky work with the legendary director, saying, 'I want to see you in Bhansali. He is of course THE Sanjay Leela Bhansali.' She humorously revealed, 'Love and War is actually me and Sanjay,' which caught Vicky off guard. Responding with surprise, he said, 'Really?' Kareena playfully replied, 'Yeah. You can tell him that. He will understand. We have Love and War.' Love or War? The Dynamic Between Kareena and Bhansali Kaushal, intrigued, asked, 'So right now, is it love or war?' With a smile, Kareena responded, 'We are always like that. But I feel you are really lucky at this. What a cast, what a movie it is going to be. I want to see you in a love story.' Vicky Kaushal on Working with Sanjay Leela Bhansali Vicky confirmed that 'Love & War' is a love story and shared his experience working with Sanjay Leela Bhansali. He said it's a great learning opportunity because Bhansali is very curious and likes to explore everything about the film, from the actors to the camera and sets. Vicky added that Bhansali always thinks about how to make the film more cinematic. Kareena and Vicky Reflect on Bhansali's Creative Process Upon hearing this, Kareena remarked, 'How amazing to be around that and lucky to be around good cinema.' Vicky concurred, elaborating, 'He keeps exploring a scene until the last shot and always comes up with a new idea. It makes you wonder as an actor that when he can keep thinking and exploring, why did you stop to think?'
News18
2 days ago
- Entertainment
- News18
Kareena Kapoor Says Her Bond With Sanjay Leela Bhansali Is ‘Love And War': 'We Are Always Fluctuating'
Kareena Kapoor opens up about her complex bond with Sanjay Leela Bhansali, calling it 'love and war.' Here's what she told Vicky Kaushal in an interview. Kareena Kapoor Khan has always worn her heart on her sleeve, and in a recent interview, she delivered another gem that's now making waves across Bollywood circles. While speaking with actor Vicky Kaushal for The Hollywood Reporter, Kareena opened up about her long and layered relationship with filmmaker Sanjay Leela Bhansali—describing it in one pithy, poetic line: 'It is love and war between him and I." The moment came during a conversation about Vicky's upcoming film Love & War, directed by Bhansali and co-starring Ranbir Kapoor and Alia Bhatt. As Vicky spoke about his experience working with the auteur, Kareena interjected with a smile and said, 'I am waiting to see you in the Bhansali film. Of course, he is the Sanjay Leela Bhansali, and Love and War is actually me and Sanjay. You can tell him that. He will understand. We have love and war." Caught off-guard, Vicky chuckled and asked, 'What is it now? Love or war?" Kareena responded with a laugh, 'We are always fluctuating." Her remark not only hinted at an emotional push-and-pull but also revived conversations about the duo's professional history—marked by anticipation, creative disagreements, and a series of near-collaborations that never fully came to fruition. Kareena was initially considered for the role of Paro in Bhansali's Devdas—a part that eventually went to Aishwarya Rai Bachchan. Years later, she was again linked to Bhansali's Goliyon Ki Raasleela Ram-Leela, but exited the project before filming began. Despite the missed opportunities, both have maintained a quiet admiration for each other's craft, albeit from a distance. Bhansali, known for his opulent storytelling and emotional depth, is now returning to the romance genre with Love & War. The film is slated for a 2026 release and marks his first major theatrical venture since the Netflix series Heeramandi. With a lead cast featuring Ranbir Kapoor, Alia Bhatt, and Vicky Kaushal, the film is poised to be another cinematic epic, steeped in themes of passion, sacrifice, and emotional tumult.
