Rupee hits new record low against US dollar on RBI rate cut hopes

February 6, 2025

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 previous close, on expectations that the Reserve Bank of India (RBI) will cut interest rates on February 7, traders said.

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Stocks to buy: Trent, ITC and Hero MotoCorp on investors’ radar

Benchmark indices dropped in a volatile session as investors grew cautious ahead of the RBI’s monetary policy decision. Trent fell slightly, ITC declined by 1.5%,

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Q3 results today: ITC, SBI, Airtel among 174 companies to announce earnings on Thursday

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely

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