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B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate, injecting liquidity, and considering a rate cut could support growth. He downplays concerns about macroeconomic impacts, citing low inflation and the potential for improved export competitiveness.
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News and Media
South Korea's impeached president, Yoon Suk Yeol, faces arrest in an insurrection investigation. The Corruption Investigation Office leads the inquiry. Yoon may be held in a solitary cell during questioning. Authorities must decide his formal detention within 48 hours. He could be detained for up to 20 days before possible indictment.
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News and Media
The U.S. government has urged China to show restraint regarding Taiwan while President-elect Donald Trump's comments about taking control of Greenland and the Panama Canal have stirred discussions on Chinese social media. Trump's break with diplomatic norms has led to speculations about potential implications for Taiwan, with varied opinions on whether this could create an opening for China.
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News and Media
Shoppers Stop share price: The company experienced an 11% increase in revenue from operations, reaching Rs 13.79 billion. Premium products accounted for 64% of the total revenue for the quarter, reflecting a 9% growth compared to the previous year.
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News and Media
HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite a recent 15% stock decline, analysts project a 26% upside.
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News and Media
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