“It has to be recognised that the financial creditors take the maximum risk and hence their risk needs to be commensurately compensated and with priority,” Governor Das said at a conference in Mumbai.
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according
Ambit initiated a “Buy” rating on GMM Pfaudler with a 24-month target of ₹2,400, citing an 89% upside driven by end-user capex rebound and diversification
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