While the rupee has been weakening against the US dollar over the past weeks, the depreciation in the Indian currency has been far more contained than in the previous year. This year, the rupee has shed 0.6% versus the dollar. In 2022, it had depreciated by about 10% versus the greenback.
Mukesh Ambani’s new energy, AI gamble could unlock $60 billion value for Reliance shareholders
Morgan Stanley projects Reliance Industries’ market value could jump by $60 billion by integrating its new energy business with AI. RIL plans to transform its