To be sure, market participants believe the Reserve Bank of India (RBI) is unlikely to let the rupee appreciate much amid rising foreign fund inflows. India’s prospects as a destination for global money are brightening as investors such as Tiger Global are reportedly pulling out of China.
Maruti Suzuki Q1 profit drops 11% to Rs 3,352 crore amid rising input costs
Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net