The rupee is under pressure largely due to the stronger dollar, post-US elections policy measures by President-elect Trump, and specific GDP numbers. Intermittent RBI intervention is noted, but aggressive action is unlikely until the rupee approaches 85 levels, as the forex reserves have dipped from $705 billion to $657 billion.
RateGain Travel bets on improving order pipeline for a recovery
RateGain Travel Technologies’ stock has declined 13% post Q2 results despite strong revenue and profit growth. Concerns include lower growth in contract wins, pricing pressure,
December 4, 2024