Global brokerage UBS upgrades Vodafone Idea to buy, setting target at Rs 18, citing potential relief on government dues and expected mobile price increase. Stock jumps over 5% to Rs 14.82.
Rupee hits new record low against US dollar on RBI rate cut hopes
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its