Investors are paying close attention to the contrasting trajectories of two of Asia’s greatest powers. India, the world’s fastest-growing major economy, has vastly expanded infrastructure under Prime Minister Narendra Modi in his bid to lure global capital and supply lines away from Beijing. China, on the other hand, is grappling with chronic economic woes and a widening rift with the Western-led order.
RBI’s playing aggressively in currency market in FY25
Latest data published by the RBI showed that in April and May, the central bank purchased dollars worth $8 billion and $23.6 billion, respectively, in
October 25, 2024