The Indian rupee weakened to 90.98/$1 on Tuesday, nearing all-time lows despite a weaker dollar index. Sustained foreign investor exits from Indian equities and high government bond yields weighed on the currency. The central bank intervened by selling dollars to protect the 91/$1 level, but the rupee is expected to continue its depreciation bias.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,