Yen firms after landmark intervention, dollar near lows on optimism over Iran talks

Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.

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The Donald Trump administration has revoked the commercial driver’s licences of more than 28,000 immigrant truck drivers as part of a crackdown on non-citizen drivers while launching a programme to replace them with US military veterans. The move could significantly affect thousands of Indian truckers, particularly those from Punjab and Haryana working in the US…