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Month: September 2025

Rupee recovers from all-time low, rises 6 paise to 88.70 against U.S. dollar

Posted on September 26, 2025 By admin
Rupee recovers from all-time low, rises 6 paise to 88.70 against U.S. dollar

Photo used for illustration purpose only. | Photo Credit: Getty Images/iStockphoto The rupee rebounded from its all-time low, rising 6 paise to 88.70 against the U.S. dollar in early trade on Friday (September 26, 2025) amid a weaker greenback and hopes of an India-US trade deal breakthrough. However, FII outflows, coupled with a rise in…

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Business

Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows

Posted on September 26, 2025 By admin
Equity markets trade lower dragged by pharma stocks, relentless foreign fund outflows

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty declined in early trade on Friday (September 26, 2025) dragged by pharma stocks and relentless foreign fund outflows. U.S. H-1B visa fee concerns and a weak trend in global markets also added to the bearish trend in domestic…

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Donald Trump’s drug tariff spares generics, but India braces for fallout

Posted on September 26, 2025 By admin
Donald Trump’s drug tariff spares generics, but India braces for fallout

Illustration purpose only. Photo: Special Arrangement President Donald Trump announced on Thursday (September 25, 2025) a 100% tariff on branded and patented pharmaceutical imports, effective October 1, 2025, unless companies establish manufacturing facilities in the United States. While generic medicines — India’s main export to America — are excluded on paper, the move has the…

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