The Indian rupee weakened, reversing gains due to Asian currency weakness and uncertainty surrounding US interest rate policy after the Federal Reserve’s rate cut. Despite the cut, cautious forward guidance from the Fed and concerns over US tariffs and weak equity inflows weighed on the rupee. Optimism arose from potential resolution of the India-US tariff dispute.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires
July 28, 2026