The Reserve Bank of India has been selling dollars to alleviate the depreciation pressure on the rupee due to the surging dollar and foreign portfolio outflows. e central bank sold a net of $19 billion from its reserves in July alone to prevent the rupee from falling much below 80.
Vijay Kedia-backed Websol Energy shares jump 45% in six days. What’s driving the rally?
Websol Energy System shares surged 5% to the upper circuit for the third day, marking a 45% rally in six days. Strong quarterly earnings, with