Eli Lilly raised its annual profit and revenue forecasts and posted better-than-expected first quarter on Thursday, on steady demand for its weight-loss and diabetes drugs Zepbound and Mounjaro, in its first results since launching oral GLP-1 pill Foundayo.Read More
Indian rupee hits low of 95.33 per dollar as surging crude oil prices and foreign outflows intensify economic pressures. Inflation risks, widening deficits and weak capital flows strain currency, with central bank interventions unable to halt depreciation amid energy disruptions.Read More
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices, a record low for the rupee, and other factors that negatively impacted investor sentiment.Read More
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