The rupee weakened to a record low of 96.47 against the US dollar amid a strong dollar, rising oil prices, and geopolitical tensions. Higher fuel costs and import expenses are increasing inflation risks in India. Analysts expect continued volatility, with recovery dependent on global stability and improved capital inflows.
The Indian primary market remains red-hot as five companies across diverse sectors—engineering, pharmaceuticals, and electronics—launch their public issues. With a combined target of over...