The Indian rupee weakened sharply on Monday, falling alongside most emerging market (EM) currencies after US President Donald Trump threatened new reciprocal tariffs and penalties on countries aligned with BRICS.The rupee ended at 85.85 per US dollar, down 0.54% from Friday’s close of 85.39, after hitting an intraday low of 86.02. The dollar strengthened broadly after Trump unveiled a new tariff policy targeting countries he said are "aligning themselves with the Anti-American policies" of the BRICS group, prompting a selloff in emerging market currencies.In a social media post, Trump said...
Indian stock market benchmarks, the Sensex and the Nifty 50, ended with modest gains on Wednesday, June 11, amid largely positive global cues. The Sensex closed 123 points, or 0.15 per cent, higher at 82,515.14, while the Nifty 50 settled with a gain of 37 points, or 0.15 per cent, at 25,141.40.Mid and small-cap segments ended mixed. The BSE Midcap slipped 0.12 per cent, while the BSE Smallcap index rose 0.06 per cent.Indian stock market: 10 key highlights from the day1. Why did the Indian stock market end lacklustre today?Indian...