The Indian rupee hit a new lifetime low of 92.62 against the dollar on Monday, extending recent losses. Elevated oil prices, driven by the Middle East conflict, are increasing economic risks for India and deterring capital inflows. Brent crude has surged approximately 40% since the conflict began, impacting global energy markets.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while