India’s economic rebound is key for attracting investment in consumer sectors. China’s stimulus measures are viewed with skepticism. The impending US policy changes under the Trump administration pose challenges for emerging markets. Investors remain cautious. India’s banks, technology, and pharma sectors are promising investment areas. The global economic environment is uncertain.
Rupee hits new record low against US dollar on RBI rate cut hopes
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its