As the rupee hits a fresh lifetime low, India Inc faces three questions: how far will the currency slide, will the delayed US–India trade deal offer relief, and can companies absorb rising import costs? CFOs across sectors are widening hedging…
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The rupee depreciated 10 paise to 90.15 against the US dollar amid strong corporate and importer demand, with investors awaiting clarity from the US Federal Reserve. Market participants are in a wait-and-watch mode, anticipating the Fed’s stance on interest rates…
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Markets opened the week with a nearly 1% loss, erasing Friday’s gains and casting doubt on the recent recovery. Key support at 25,800 is crucial; a breach could lead to deeper consolidation. Siemens, IndiGo, Piramal Finance, M&M, and Torrent Power…
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PepsiCo is undertaking a significant review of its North America supply chain and plans aggressive cost reductions to fuel growth, following discussions with activist investor Elliott Investment Management. The beverage giant will streamline product lines, close manufacturing facilities, and enhance…
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US President Donald Trump said he may impose new tariffs on Indian rice and Canadian fertiliser to support American farmers. He criticised alleged dumping and suggested “very severe tariffs” if needed, as trade talks with both countries remain unresolved.
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ICICI Prudential Asset Management Company has applied to market regulator SEBI for approval to enter the private equity business through ICICI Ventures, Managing Director Nimesh Shah said at the company’s IPO press conference. The proposed foray, subject to regulatory nod,…
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