So, obviously, we are still underrepresented. So, compared to, say, a similar economy like Indonesia, etc., we will go from 2.5% to about 4% I think after the inclusion which is fairly-fairly insignificant even if we compare it to our…
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Currency market reacts to India’s JPMorgan index inclusion with increased foreign buying and dollar transactions by large banks. Traders anticipate passive inflows despite the rupee’s limited appreciation. RBI expected to manage the market dynamics prudently.
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A large part of these additional receipts would be spent under various heads, while a small portion could be used to reduce the fiscal deficit.
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CFO Vivek Karve will continue serving beyond his notice period until October 31, 2024, covering the announcement of financial results for the second quarter of FY25.
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India’s Consumption growth has remained weak since the pandemic, recovering at a slow pace. Private consumption is recovering, with growth is tracking at 4% in the quarter ended March 31, 2024 as against 1.5% a year ago but it is…
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