Euro Rises as German Fiscal Deal Boosts Optimism; Dollar Weakens

Euro Rises as German Fiscal Deal Boosts Optimism; Dollar Weakens

The euro strengthened on Friday following news that German political parties had reached a fiscal agreement that could boost defence spending and stimulate economic growth in Europe’s largest economy. Meanwhile, the U.S. dollar weakened against the euro but gained ground against the Swiss franc and Japanese yen, supported by optimism that the U.S. government will…

Tata Power Shares Surge 3% as Renewable Energy Plans Expand in Andhra Pradesh

Tata Power Shares Surge 3% as Renewable Energy Plans Expand in Andhra Pradesh

 Tata Power shares climbed 3% on the Bombay Stock Exchange (BSE) today, reaching an intraday high of ₹361.85 per share. The surge comes on the heels of a significant development—Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has inked a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop up…