Money from non-resident Indians to Kerala remains strong. Banks like Federal Bank and South Indian Bank show growth in deposits. This inflow is vital for Kerala’s economy. A weaker rupee also boosts remittances. Experts believe inflows will continue unless job losses in the Middle East occur. A prolonged conflict could pose a long-term risk.
Japan’s Nikkei falls in volatile trade as tech tracks Nasdaq selloff
Japan’s Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq index. Investors showed caution regarding