The Indian Rupee recovered from an all-time low of 90.42 against the US Dollar. State-run banks and corporate inflows helped the currency close at 89.97. The Reserve Bank of India likely intervened to prevent further depreciation. Traders anticipate a wide trading range on Friday, with the monetary policy committee set to announce its rate decision.
The Chicago Tribune filed a copyright infringement lawsuit Thursday against Perplexity AI, alleging the startup has been unlawfully profiting off the newspapers content.
