The shares for the Malpani Pipes and Fittings IPO are expected to be allotted on Monday, February 3, 2025, and will be credited to the demat accounts of the allottees on Tuesday, February 4, 2025. The IPO allocation includes 50% of the net issue for Qualified Institutional Buyers (QIB), 35% for retail investors, and 15% for the Non-Institutional Investor (NII) segment.
What led to rupee becoming Asia’s worst performing currency in May?
The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, and expectations of monetary easing. The