The Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Reserve Bank of India intervened but refrained from significant action. The Chinese Yuan’s weakness and corporate outflows also contributed to the rupee’s decline, as noted by Shinhan Bank’s vice-president.
Nykaa shares in focus after reporting 193% YoY surge in Q4 PAT
Nykaa’s parent company, FSN E-Commerce Ventures, witnessed a significant surge in its Q4FY25 consolidated profit after tax, jumping 193% YoY to ₹20 crore. Revenue from
June 2, 2025