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Rupee Hits Record Low, US Secretary Of State In India For Talks & Govt Pushes E30 Ethanol Blending
The Indian rupee has fallen to a fresh record low, opening 33 paise lower at 96.86 against the US dollar. The depreciating currency and strengthening dollar are leading to rising bond yields and money moving away from Indian markets. Consequently, the benchmark indices are trading lower, with the Sensex down by 500 points and the Nifty dropping ...
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