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The rupee closed at 84.25 against the U.S. dollar, up 0.4% on the day. The currency had touched a peak of 84.1275 in early trading but trimmed gains in the latter half of the session.
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News and Media
A video of a Pakistani Islamic preacher has surfaced, showing him claiming that the Pashtun community would support the Indian Army if India were to attack Pakistan. This statement, made amidst rising tensions following a terror attack in Pahalgam, highlights the Pashtun's deep-seated discontent with Pakistan's military establishment, citing past atrocities and neglect.
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News and Media
Bernstein India's Jignanshu Gor believes DMart's growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains solid footfalls and same-store sales growth. While margin improvements are expected, DMart's focus on private labels, D2C brands, and basic apparel positions them well for future success.
Category:
News and Media
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