Rupee Hits Record Low, Markets Slump; IndusInd Profits, Global Diplomacy in Focus

• The Indian Rupee plunged to a new record low of 91.93 against the US dollar, driven by strong corporate and importer demand.
• Indian equity markets experienced their worst week in four months, with Sensex and Nifty wiping out ₹15 lakh crore in market value.
• The RBI announced a significant liquidity injection of over ₹2 lakh crore to stabilize the financial system.
• An EU delegation arrived in India to advance FTA talks, while the US, Ukraine, and Russia held trilateral meetings in the UAE.
• IndusInd Bank reported a return to profit, beating estimates, contrasting with Cipla's weak Q3 results.

Why It Matters: Indian markets faced a challenging week with a record-low rupee and equity slump, while global diplomatic efforts continued.