“We’ve already shown that we are very committed to the divestment process. For instance, the LIC public issue wasn’t easy, but we did it,” Sitharaman told delegates at the meeting. “We are committed and will go ahead with the banking sector reforms, and even the Cabinet has given clearance. We have mentioned it in the budget, and we shall take it forward.”
Rupee hits record low of 87.35 vs USD on rate cut expectations
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve
February 5, 2025