The rupee has weakened against the dollar recently due to tariff uncertainties, foreign portfolio investor outflows, and central bank dollar purchases. The upcoming trade deal with the US and India’s involvement in BRICS, along with oil imports from Russia, add complexity. Concerns about US fiscal sustainability are favoring developed markets over emerging ones, impacting the rupee.
Hindustan Zinc shares rise 4%, up nearly 9% in 3 sessions. What’s behind the recent surge?
Hindustan Zinc shares surged 4% to Rs 532 as silver hit a fresh high, driven by a US Fed rate cut. The company, India’s sole