Indian companies with strong cash flows and credit profiles will remain resilient despite the rupee’s 5% decline against the US dollar in the last two years, according to Moody’s. Only six out of 23 rated firms may face risks, but they possess mitigating factors like government ties, natural hedges, and active debt management to offset the impact.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest