The Indian Rupee fell for the fourth consecutive day on Thursday. This decline followed the Reserve Bank of India’s decision to remove restrictions on foreign exchange trading. Higher crude oil prices also contributed to the Rupee’s weakening. The currency closed at 94.11 against the US Dollar. Brent crude futures surpassed the $100 per barrel mark.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and