economic challenges

RBI’s .5 bn tactic to stem rupee’s fall amid geopolitical, financial challenges

RBI’s $44.5 bn tactic to stem rupee’s fall amid geopolitical, financial challenges

Newz BabaDecember 28, 202402 mins

Why Is the Indian Rupee Falling? Three key elements contribute to the rupee’s decline: Overseas Fund Outflows: In October and November, overseas institutional traders (FIIs) pulled out Rs 1.14 lakh crore and Rs 45,974 crore, respectively. These outflows elevated greenback demand and weakened the rupee. US Election Outcomes: The re-election of Donald Trump as US…

PM Modi chairs assembly with economists, sectoral specialists in Delhi – India TV

Newz BabaDecember 24, 202403 mins

Picture Supply : PTI/FILE PHOTO PM Modi addresses a convention in New Delhi. Prime Minister Narendra Modi is at the moment presiding over an important assembly with outstanding economists and sectoral specialists. The gathering goals to debate key financial points and techniques to handle the nation’s challenges in varied sectors. Union Finance Minister Nirmala Sitharaman…