June 23, 2026

Foreign exchange risk alert: Fitch warns rupee fall could hit ratings; which Indian firms face the biggest exposure?

Praveen02 mins

Indian corporates with inadequate foreign-exchange hedging could face rating pressure if the rupee weakens sharply, global credit rating agency Fitch Ratings cautioned in a new commentary released on Thursday. The agency said that companies in sectors with limited natural hedges remain the most vulnerable to currency swings, ANI reported.Fitch noted that “in sectors with significant…

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‘This is not Uttar Pradesh’: Mamata Banerjee condemns assault on non-veg food vendors; three arrested | India News

Praveen02 mins

West Bengal CM Mamata Banerjee NEW DELHI: West Bengal chief minister Mamata Banerjee on Thursday condemned the assault on two vendors selling non-veg food at a recent Gita recital event in Kolkata, asserting that such acts of intimidation “would not be tolerated in the state because it is not Uttar Pradesh.”Also Read | West Bengal:…

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Fed cut sparks metal rally: Gold tops Rs 1.32 lakh/10g; silver surges to fresh record — What should investors do?

Praveen03 mins

Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from…

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