Rupee Hits Record Low
Your daily dose of business news
🗞️ Rupee Hits Record Low Amid Global Uncertainty
The Indian rupee fell to a record low as hopes of US–Iran peace faded.
The move reflects rising external pressures and currency volatility.
💬 Expert Take — “Currency weakness directly impacts inflation, imports, and capital flows, making it a key macro variable to watch.”
🗞️ India Manufacturing PMI Rises to 54.7
India’s manufacturing PMI rose to 54.7 in April.
The data signals continued expansion and resilience in industrial activity.
🗞️ Pharma Exports Cross $31 Billion
India’s pharma exports surpassed $31 billion in FY26.
The growth highlights strong global demand despite external challenges.
🗞️ Mahindra & Mahindra Profit Jumps 42%
M&M reported a 42% YoY jump in Q4 profit and declared a dividend.
The results reflect strong sales momentum.
🗞️ Bajaj Auto Sales Surge 40% in April
Bajaj Auto reported a 40% increase in total sales for April.
The surge indicates robust demand in the auto sector.
🗞️ Vedanta Demerger Timeline in Focus
The Vedanta demerger remains in focus as investors await listing timelines.
The move could unlock value across business segments.
🗞️ L&T Profit Declines 3%, Dividend Announced
L&T reported a 3% YoY decline in Q4 profit and announced a dividend.
The results reflect mixed performance across segments.
🗞️ NHAI Launches Stop-Free Toll System
The NHAI has rolled out India’s first stop-free toll system.
The initiative aims to improve highway efficiency and reduce congestion.
📊 Market Update (Today)
📉 Sensex: 77,017.79 ▼ 251.61 pts (–0.33%)
📉 Nifty 50: 24,032.80 ▼ 86.50 pts (–0.36%)
🪙 Gold (per gram): 24K ₹14,918 ▼ ₹44 | 22K ₹13,675 ▼ ₹40
🥈 Silver (per kg): ₹2,55,000 ▼ ₹10,000