Nilesh Shah, MD of Kotak AMC, suggests that Indian investors should explore global opportunities in innovative technologies. He highlights the rapid advancements in energy and pharmaceutical sectors, emphasizing the need for diversified investments to mitigate risks. Shah advocates for increasing the overseas investment limit for mutual funds, enabling Indians to participate in potentially high-growth sectors like disruptive technologies.
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, says research
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according
January 10, 2025