This special report covers the Indian rupee hitting a record low of 89.48 against the US dollar, prompting likely intervention from the Reserve Bank of India. The programme details a slide in the stock markets, with Sensex and Nifty trading lower, and discusses major corporate developments including Reliance Industries halting Russian oil imports and Adani Enterprises completing its exit from Adani Wilmar. It also examines a SEBI proposal to reclassify REITs as equity instruments and a dispute between restaurants and platforms like Zomato over customer data sharing. Market expert Sharmila Joshi states, ‘you know, we are seeing a market that seems to go up and then sort of fizzle out a little bit and then go up, you know, when there is another piece of good news and so on’. The segment also notes a fall in the crypto market and upcoming changes to US travel and immigration fees.
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