Gaurav Thakur, Author at Daily Tips

Indian rupee crashes against US dollar as crude oil surges past 105 dollars

Indian Rupee Crashes 139 Paise to 94.90 Against US Dollar as Crude Oil Surges and Trump Rejects Iran Ceasefire Proposal

May 11, 2026Gaurav Thakur

The Indian rupee crashed 139 paise to 94.90 against the US dollar in early Monday trade as crude oil surged past $105 per barrel following Trump’s rejection of Iran’s ceasefire response, with the RBI intervening to stabilise the currency. [...]

Trump to visit China for state visit with Xi Jinping May 2026

Trump to Visit China From May 13 to 15 for Historic State Visit as Xi Jinping Hosts Talks on Iran War Trade and Nuclear Weapons

May 11, 2026Gaurav Thakur

US President Donald Trump will pay a state visit to China from May 13 to 15 at the invitation of President Xi Jinping, marking the first American presidential visit to Beijing in almost nine years, with Iran, trade, and nuclear policy dominating the agenda. [...]

Foreign portfolio investors withdrawing capital from Indian equity markets with bearish trend indicators

Foreign Portfolio Investors Withdraw Rs 14231 Crore from Indian Equities in May as 2026 Outflow Crosses Rs 2 Lakh Crore Mark

May 10, 2026Gaurav Thakur

Foreign portfolio investors have pulled out Rs 14,231 crore from Indian equity markets in the first 10 days of May 2026, taking the cumulative 2026 outflow past the Rs 2 lakh crore mark — already exceeding the Rs 1.66 lakh crore withdrawn during all of 2025. [...]

H-1B visa application with rising cost arrows showing impact of supplemental fee on Indian IT workers

Trump Administration’s $100,000 H-1B Supplemental Fee Raises Hiring Costs by 30 Percent and Hits Indian IT Workers Hardest

May 9, 2026Gaurav Thakur

The Trump administration’s controversial $100,000 supplemental fee on certain H-1B petitions has raised the cost of hiring foreign workers by 30 percent, disproportionately affecting Indian IT professionals. Job postings tagged for H-1B sponsorship have dropped 12 percent since January 2026. [...]

SBI bank stock market chart showing record profit alongside share price decline due to margin compression

SBI Posts Record Rs 83,299 Crore Annual Profit in FY26 but Shares Tumble 7 Percent as Margin Compression Worries Investors

May 9, 2026Gaurav Thakur

State Bank of India reports the second-largest annual corporate profit in India at Rs 83,299 crore for FY26. However, SBI shares plunge 7 percent as surging bond yields accelerate treasury losses and net interest margins compress in Q4. [...]

Indian stock market decline on May 8 2026 showing Sensex and Nifty falling on trading screens

Sensex Falls Over 450 Points and Nifty Drops Below 24,200 as Banking and Metal Stocks Lead Market Decline on 08 May 2026

May 8, 2026Gaurav Thakur

Indian stock markets extended losses for the second consecutive session on 08 May 2026, with Sensex falling over 450 points and Nifty dropping below 24,200 as banking, oil and gas, realty, and metal sectors declined sharply. [...]

India economic growth chart showing services PMI expansion and business indicators

India Services PMI Jumps to Five-Month High of 58.8 in April 2026 as Domestic Demand Drives Strongest Expansion Since November

May 7, 2026May 7, 2026Gaurav Thakur

HSBC India Services PMI rises from 57.5 in March to 58.8 in April 2026, led by Consumer Services, Transport, and IT sectors. Domestic demand offsets weaker export orders as composite PMI also rises to 58.2. [...]

Cybersecurity illustration showing deepfake facial recognition fraud and digital identity

Deepfake Gang Busted in Ahmedabad After Using AI to Bypass Aadhaar Verification and Execute Loan Fraud

May 7, 2026May 7, 2026Gaurav Thakur

Ahmedabad cyber police arrest four accused who used deepfake technology and AI tools to bypass Aadhaar biometric checks, change registered mobile numbers, open bank accounts, and apply for fraudulent loans. [...]

Crude oil barrels with downward price arrows and Middle East peace talks illustration

Oil Prices Crash Over 11 Percent as US-Iran Ceasefire Talks Signal Possible End to Middle East Conflict

May 7, 2026May 7, 2026Gaurav Thakur

Brent crude falls to $97.50 and WTI drops to $89 per barrel on May 7, 2026, marking the third consecutive day of losses as diplomatic progress between the US and Iran raises hopes of a ceasefire. [...]

IPL 2026 Match 48: Sanju Samson Smashes Masterful 84 Off 50 Balls as Chennai Super Kings Crush Delhi Capitals by 8 Wickets

May 6, 2026May 6, 2026Gaurav Thakur

Sanju Samson’s masterclass 84 off 50 balls powered CSK to a comfortable 8-wicket win over Delhi Capitals at the Arun Jaitley Stadium. CSK chased down 156 in just 17.3 overs, with Samson earning Player of the Match honours. [...]