The Indian rupee faces pressure and may fall below 92 against the US dollar. A prolonged conflict between the US, Israel, and Iran could drive up oil prices. This rise in oil costs is expected to affect India’s fiscal deficit and inflation. Economists predict a potential impact on India’s GDP due to higher crude prices.
United Breweries shares rally 14% after Q2FY27 profit jumps 191% YoY
United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September