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Shares of cannabis companies jumped on Friday after the Washington Post reported U.S. President Donald Trump is expected to push the government to dramatically loosen federal restrictions on marijuana.
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The rupee closed at a record low of 90.41 amid strong importer dollar demand, Mexico’s tariff move, lack of the India-US trade deal, and continued FPI outflows, marking a 1% December drop and nearly 6% yearly depreciation.
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Gold and silver prices surged to all-time highs on MCX as the rupee hit a record low, with global safe-haven demand, wedding-season buying and strong investor interest driving bullion’s sharp 2025 rally.
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Vijay Kedia said Exato Technologies’ stellar SME debut proves stock prices ultimately follow business fundamentals, as the AI-led tech firm nearly doubled on listing after a record 947× subscription across investor categories and strong financial performance supporting its growth story.
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Two officials who voted against the Federal Reserve’s decision to lower interest rates again this week cited a need for more economic data and too-hot inflation in explaining their decisions on Friday.
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