The Indian rupee opened at 92.42 against the US dollar on Wednesday. A plunge in global crude oil prices and positive opening at domestic equity markets prevented a sharper decline in the rupee.
IBM’s second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients prioritized
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The
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