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.
HEG demerger: What 1:1 restructuring mean for shareholders as company fixes record date?
On September 7, HEG will finalise its demerger, providing shareholders one share in the new entity for each existing share they hold. The graphite electrodes