The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal betwee

India’s GDP surged by 7.8% in the first quarter of FY 2025-26, exceeding expectations and surpassing the previous year’s 6.5% growth. This robust performance is a welcome boost amidst concerns about potential impacts from newly imposed US tariffs. The agriculture and tertiary sectors showed significant improvements, while mining and quarrying experienced a decline.

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