Levi Strauss & Co.’s CEO, Chip Bergh, has praised India’s political stability as a driver of consumer demand and foreign investment. Bergh attributes the high degree of consumer optimism in India to a perception of political stability, creating an environment where investments feel safe.
A $73 billion short book is putting pressure on rupee
The Indian rupee is underperforming among emerging Asian currencies due to the Reserve Bank of India’s (RBI) strategy to bolster its foreign-exchange reserves. The RBI’s