The Indian rupee weakened to a two-month low of 86.28 against the dollar due to escalating tensions in West Asia, which drove crude oil prices higher. Concerns over a potential Israel-Iran conflict disrupting oil supplies further pressured the rupee, while foreign investors selling Indian assets added to the currency’s woes. RBI intervention helped limit the rupee’s losses.
Corporate actions this week: NTPC, Coal India among nearly 90 cos set to hit record dates for dividend payouts, bonus issues & stock splits
Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends, bonus issues and stock splits from August 31 to
August 30, 2026