Rupee weakens by 11 paise against dollar amid oil surge

Indian rupee weakens to 94.22 against the US dollar as rising Brent crude prices and West Asia tensions pressure the currency despite Reserve Bank of India support.

Indian rupee weakens to 94.22 against the US dollar as rising Brent crude prices and West Asia tensions pressure the currency despite Reserve Bank of India support.

Infosys grants major stock awards to CEO Salil Parekh, including ESG linked RSUs, as investors watch leadership plans and AI disruption in the IT sector.

This contract will be executed over a three-year period, extendable by an additional grace period of six months, from the date of state transport authority approvals, Atul Auto said.

The US Commerce Department has proposed duties of up to 123.04% on solar cells and panels imported from India, Indonesia and Laos.
Bernstein highlighted important sectors on which they shed light on, adding that the traditional services engine of IT and BPOs, which supported 10-15 million people, supported consumption, and boosted growth, is now being challenged by GenAI.

At the end of the fourth quarter, the Rolex Rings’ promoters held 52.2% stake in it. Among public shareholders, mutual funds held 28.7% stake, while more than 71,000 retail investors, or those with authorized share capital of up to ₹2…

Gold and silver fell on COMEX as West Asia tensions and higher Brent crude lifted inflation and rate expectations, a stronger dollar and weak Asian equities added pressure.

The French airport operator has agreed to sell up to a 7.3% stake in GMR Airports for an estimated €924 million ($1.08 billion).

Before Thursday’s session, JPMorgan cut the stock to “underweight”, stating that it had risen “far above the level we feel can be justified by even the most optimistic view of underlying earnings fundamentals.”

Sensex Today | Stock Market LIVE Updates: The bulls would hope that this is already priced in, considering the stock in India is down 5.5% over the last two sessions. The big earnings for the day is Reliance Industries, which…