The Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar. Subsequently, it is expected to weaken to below 95 by year-end. This outlook contrasts with earlier predictions of significant strengthening. Persistent dollar demand and global risks will likely limit gains.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment