Volatility in the rupee is hovering near the lowest in almost two decades and the currency has managed to avoid breaching a record low even as rising US rates wreaked havoc in emerging markets. India’s central bank has denied defending any levels but analysts have an array of theories as to what is going on in policymakers’ minds.
Kalyan Jewellers Q2 Results: Net profit jumps 64% YoY to Rs 427 crore, revenue rises 31%
Kalyan Jewellers reported a 63.6% YoY rise in consolidated net profit to Rs 427 crore in Q2FY27, while revenue grew 31.4% to Rs 10,323 crore.