by Dhara Hariya | Sep 20, 2023 | Forex
India Ratings & Research has revised its GDP growth projection for India in 2023-24, increasing it by 30 basis points to 6.2%. However, the agency has issued a warning about the sustainability of current domestic consumption levels. Principal Economist Sunil Sinha...
by Dhara Hariya | Sep 18, 2023 | Forex
The Indian rupee faced fresh challenges as it closed at a new record low on Monday, despite support from the Reserve Bank of India (RBI), driven by escalating crude oil prices that heightened demand for the U.S. dollar. Closing at 83.2675 against the U.S. dollar,...