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Business Recorder
3 minutes ago
- Business Recorder
Indian rupee likely to open slightly higher, tracking Asia; Trump tariff impact muted
MUMBAI: The Indian rupee is likely to open marginally higher on Thursday, supported by the uptick in Asian peers and muted reaction to U.S. President Donald Trump's latest tariff announcements. The 1-month non-deliverable forward indicated the rupee will open at 85.60-85.62 compared with 85.6725 in the previous session. The rupee has fluctuated between 85.30 and just below 86 over the past week, testing both sides of its recent range. In recent sessions, the rupee has been 'choppy within a well-defined range,' a currency trader at a private bank said. 'The consensus trade right now—both among corporates and interbank—is to buy USD/INR near 85.20–85.40 and sell near 85.90–86.10,' the trader said. 'It makes sense when you consider that there have been no major trigger points.' Trump's tariffs Investors largely shrugged off U.S. President Donald Trump's latest tariff salvo. Having already announced a 50% tariff on copper imports, Trump said the levies would take effect from August 1. Further, he threatened a punitive 50% tariff on Brazil's exports to the United States, while issuing tariff notices to seven smaller trading partners. Asian currencies and shares rose, indicating waning market sensitivity to Trump's tariff moves. The dollar index inched lower. Meanwhile, minutes of the Federal Reserve's June meeting showed narrow support for rate cut later this month. Most participants at the Fed's meeting did anticipate rate cuts would be appropriate later this year, with any price shock from tariffs expected to be 'temporary or modest'. MUFG Bank noted that, looking ahead, the market's attention may shift toward the Fed's policy path, which will be key to shaping the dollar's trajectory.
Hindustan Times
5 minutes ago
- Hindustan Times
India call up discarded pacer before Lord's Test, bowls a long spell to captain Shubman Gill in the nets
The Anderson-Tendulkar Trophy is heating up. The five-match series between India and England stands at 1-1, and both teams have everything to play for in the third Test at the Lord's Cricket Ground. Shubman Gill's India is leaving no stone unturned in preparing to the best of their ability. They are well aware that a win at the home of cricket will give them a serious advantage and a real chance of winning their first-ever series in the UK since 2007. Ahead of the third Test at Lord's, India called up discarded pacer and he had a bowl at captain Shubman Gill. (PTI) On the eve of the Lord's Test, Shubman Gill, who is currently the leading run-scorer in the series, was seen grinding it out in the nets. However, what caught everyone's attention was the bowler he was facing. Deepak Chahar, who recently represented the Mumbai Indians in the Indian Premier League (IPL) 2025 season, was seen having a bowl at the India captain in the nets. Chahar bowled a lengthy spell, and Gill grinded it out in the middle as he faced the discarded India pacer while training. According to ESPNCricinfo, Chahar was in the neighbourhood, and this was the main reason behind his coming to Lord's to train alongside the main squad. Even before the second Test at Edgbaston, Birmingham, the Indian squad was seen practising alongside Punjab Kings spinner Harpreet Brar. The latter then revealed that he, too, was in the nearby areas and was called upon by Shubman Gill. Also Read: Shubman Gill not one of those who get trained for what to say in media, claims Ashwin Chahar was spotted at the Lord's Cricket Ground for a few hours, and later he went his way after having a bowl. The right-arm pacer was also not wearing India's training gear. What did Rishabh Pant say? On the eve of the Lord's Test against England, India vice-captain Rishabh Pant addressed the media, discussing a wide range of topics. He stated that the team has not decided on the combination and that the final call will be made after examining the wicket. "See, as a team, generally, what we plan is to play according to the conditions given to us. We don't want to think about what the opposition is thinking—whether they are changing their plans or not. Whatever they're doing, we'll do our best and do better from there. Simple," said Pant. 'The discussion was that England will give us better wickets because the kind of cricket that they play. So for us, the mantra was to get 20 wickets on these batting-friendly wickets. That was already planned. Eventually, our batters have to step up because we don't have two of our senior players too,' he added. After the win at Edgbaston by 336 runs, India captain Shubman Gill had confirmed that Jasprit Bumrah will be back for the Lord's Test. Prasidh Krishna is likely to make way for the World No.1 Test bowler.
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India.com
5 minutes ago
- India.com
India vs England 3rd Test live streaming: when where and how to watch IND VS ENG match live telecast free on tv mobile apps online
India vs England 3rd Test Live Streaming: The much-anticipated third Test between India and England in the ongoing Anderson-Tendulkar Trophy 2025 is set to begin on Thursday, July 10, at the iconic Lord's Cricket Ground in London. With the series levelled at 1-1, this match promises to be a high-voltage encounter with both teams pushing for a crucial lead. Here's a complete guide on IND vs ENG 3rd Test live streaming, match timings, playing XIs, pitch report, and more. Match: India vs England, 3rd Test, Anderson-Tendulkar Trophy 2025 Date: July 10-14, 2025 Venue: Lord's Cricket Ground, London Time: 3:30 PM IST | Toss: 3:00 PM IST Live Streaming: JioHotstar app and website Live Telecast: Sony Sports Network (TV) India Seek Back-to-Back Wins After Edgbaston Domination After a historic 336-run win at Edgbaston, Team India enters the third Test brimming with confidence. Skipper Shubman Gill etched his name in the record books by becoming the first batter to score a 250+ and 150+ in the same Test match. His scores of 269 and 161 laid the foundation for India's mammoth total and their first-ever Test win at Edgbaston. With Jasprit Bumrah returning to the XI, India's pace attack looks even more lethal. However, in his absence, Akash Deep made a stunning statement with a 10-wicket haul, proving he's no longer just a backup option. Paired with Mohammed Siraj, this Indian pace unit is ready to exploit the seamer-friendly Lord's pitch. England Bolster Attack with Jofra Archer's Return England, reeling from their Edgbaston thrashing, have recalled Jofra Archer after a four-year hiatus from red-ball cricket. Archer replaces Josh Tongue, as the hosts opt for pace and experience to counter India's batting juggernaut. With skipper Ben Stokes, Joe Root, and Harry Brook anchoring the batting unit, the pressure is on England to bounce back at home. England are also expected to test Gus Atkinson or Sam Cook depending on final conditions. The bowling reshuffle highlights their desperation to find rhythm and consistency on a surface that's expected to favour the seamers. Lord's Weather & Pitch Report Weather: Dry and sunny conditions are forecast throughout the five days, with temperatures ranging from 17°C to 32°C. Humidity: Around 84% Wind Speed: 10 km/h Pitch Report: Unlike the batting-friendly surfaces at Leeds and Birmingham, Lord's promises to assist fast bowlers with its traditional slope and grassy patches. Expect the new ball to do plenty early on, especially in the first session. IND vs ENG 3rd Test Predicted Playing XI India XI: Yashasvi Jaiswal, KL Rahul, Karun Nair, Shubman Gill (c), Rishabh Pant (vc & wk), Ravindra Jadeja, Nitish Reddy, Washington Sundar, Mohammed Siraj, Jasprit Bumrah, Akash Deep. England XI: Ben Duckett, Zak Crawley, Ollie Pope, Joe Root, Harry Brook, Ben Stokes (c), Jamie Smith, Chris Woakes, Jofra Archer, Gus Atkinson, Shoaib Bashir. How to Watch IND vs ENG 3rd Test Live in India If you're wondering how to watch India vs England 3rd Test live, here's your complete viewing guide: Live Streaming Platforms: Watch the IND vs ENG 3rd Test live online on the JioHotstar app and official website. TV Channel Info: Catch the IND vs ENG 3rd Test live telecast on the Sony Sports Network, available across major DTH and cable platforms in India.
