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Rupee jumps 12p closes at 87.96

Mint Mumbai

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October 17, 2025

Rising for the second straight session, the rupee appreciated 12 paise to close at 87.96 against the US dollar on Thursday, buoyed by asofter American currency against major currencies and renewed risk-on sentiment among investors.

Forex traders said that likely intervention by the Reserve Bank of Indiaanda firm trend in domestic equities further enthused investors.

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JSW Steel eyes strong H2 on demand, policy boost

After reporting robust numbers for the second quarter despite a challenging global environment, JSW Steel said it expects a strong second half for the company on the back of 8-9% growth in domestic demand for steel in FY26.

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Govt plans Golden Quadrilateral 2.0 to expand road grid

The Union government is planning a sequel to the Golden Quadrilateral network of national highways, introducing high-speed expressways linking India's major economic centres, according to two officials aware of the matter.

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RIL Q2: Profit surges 16% as all engines gain steam

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Gift with intention

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Food delivery growth cushions Blinkit losses for Eternal in Q2

Eternal Ltd (formerly known as Zomato) posted amixed bag performance in the September quarter (Q2FY26).

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In the dark about light pollution

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12 states, UTs support e-bus payment plan

PM E-bus Sewa PSM scheme plans to build confidence in e-bus makers

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2 mins

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Govt plans highway network to expand road grid

The officials did not disclose the planned length of the proposed high-speed expressways or the investment.

time to read

1 min

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SC allows Natco to sell generic of Roche drug until case ends

The Supreme Court on Friday rejected Swiss pharmaceutical giant F. Hoffmann-La Roche AG's (Roche) pleaseeking that Natco Pharma Ltd berestricted from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug, Risdiplam, in India until the conclusion of the case.

time to read

2 mins

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Dixon meets revenue goal in Q2, bets on components

Topline grows 33% on year to ₹14,855 cr, unsold goods from Q1 drive profits in Sep quarter

time to read

3 mins

October 18, 2025

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