The Indian rupee plummeted to a record low of 88.7975 against the dollar, becoming the worst-performing Asian currency due to rising US visa fees and trade tensions. These factors threaten India’s IT sector and remittances, exacerbating pressures from high tariffs and weak foreign investment. The RBI’s limited intervention suggests a possible strategy to aid exporters amidst trade uncertainties.
Saksoft shares rally 50% in one week. Here’s what technical charts indicate
Saksoft shares experienced a significant surge, climbing over 14% on Tuesday and an impressive 50% in a single week. This rally follows a decisive technical