India’s rupee faces potential record lows against the dollar, possibly exceeding 100, if the Iran war escalates. Analysts warn that elevated oil prices will worsen inflation and the current-account deficit, while central bank measures may only offer temporary respite. Market pricing suggests further losses are likely.
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs
Cube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% per annum, payable quarterly