India’s Wealth Disparity

India’s wealth creation story is becoming increasingly entrepreneurial. Nearly two-thirds of the wealth creators continue to actively run their businesses rather than simply inheriting wealth. The digital economy has emerged as a powerful wealth creator, with nearly half of the…

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RBI sold about $7 billion to defend rupee on Friday

India’s central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency neared a record low. This intervention followed a surge in crude prices impacting Asian oil importers. The RBI’s…

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