Hindustan Zinc Q1 Results: The company’s revenue from operations for the period reached Rs 7,893 crore, marking an 11% increase from Rs 7,111 crore in the same period last year. The EBITDA for the June quarter rose by 18% year-on-year to Rs 3,946 crore, compared to Rs 3,347 crore a year ago. Margins improved by 257 basis points to 48.5%.
Rupee hits record low of 87.35 vs USD on rate cut expectations
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve