 |
|
|
|||||
The Indian rupee weakened to 85.85 against the dollar due to renewed uncertainty over US tariff policies after President Trump threatened a 10% levy on BRICS nations. This announcement deteriorated market sentiment, making the rupee the third worst-performing Asian currency despite likely intervention by the Reserve Bank. Traders anticipate the rupee to fluctuate between 85.50 and 86.
Category:
News and Media
Harshvardhan Lunia resigned as Lendingkart Finance MD in June. The company awaits RBI approval for a new MD recommended by Fullerton Financial Holdings. Lendingkart reported a significant loss of 288 crore in FY25, a stark contrast to the previous year's profit. Fullerton holds a 44% stake in Lendingkart Technologies.
Category:
News and Media
SEBI reports a significant surge in net losses for retail equity derivatives traders, reaching 1.05 lakh crore in fiscal 2025, a 41% increase from the previous year. Despite measures to tighten norms and reduce index options turnover, a large majority of retail traders continue to experience losses.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||