Rupee at Nadir But RBI Keeps it from Cliff Edge

January 31, 2026

The Indian rupee faced a turbulent Friday, marking a grave closing low and inching closer to 92 against the dollar. However, the Reserve Bank of India’s prompt measures acted as a safety net, preventing it from breaching this crucial milestone before the weekend’s budget.

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U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants

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Laurus Labs Q4 Results: Cons PAT increased 19% to Rs 279 crore, revenue rises 5%

Laurus Labs reported a 19% year-on-year jump in net profit to Rs 279 crore for the March quarter, with revenue rising 5% to Rs 1,812

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