The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken to below 95 by year-end. This outlook contrasts with earlier predictions of significant strengthening. Persistent dollar demand and global risks will likely limit gains.
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The