The Indian rupee faces potential weakening to 94 against the US dollar by mid-2026 due to rising oil prices and a widening current account deficit. While the RBI is focused on preventing disorderly moves rather than defending specific levels, attracting capital inflows remains crucial for currency stabilization amidst global uncertainties.
Groww shares gain 8% on strong Q1 earnings, net profit jumps 94% to Rs 735 crore
Billionbrains Garage Ventures shares surged after reporting strong Q1 FY27 earnings. The company posted a consolidated net profit of Rs 735 crore, up 94.44% year-on-year.