B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate, injecting liquidity, and considering a rate cut could support growth. He downplays concerns about macroeconomic impacts, citing low inflation and the potential for improved export competitiveness.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the