Nomura upgrades India to 'overweight' after Nirmala Sitharaman announces a slew of measures to stimulate growth
Giving in to the demands of overseas investors, Sitharaman on Friday announced a rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.
Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced a rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.
The US-China tariff war has hurt global supply chains and manufacturing activity, slowing growth in export-reliant Asian economies
The rural consumption thesis holds strong for the economy with over 50 percent contribution to India’s GDP and around 50 percent contribution towards consumption.
The outflows, though widely anticipated by both markets and policymakers, will present a near-term currency challenge for RBI
In the letter he didnt write, PM Modi hopes Rajan would some day join his government
The rupee is back at 68 against the dollar and surprisingly nobody seems to be that worried. Last time, the currency hit 68 under the United Progressive Alliance regime, it had become a political hot potato.
Foreign institutional investors (FIIs) have sold more than $2.2 billion worth of Indian shares in August.