The rupee weakened to an all-time low of 87.95 a dollar in the early hours on Monday, but managed to pare most of its losses due to strong intervention by the Reserve Bank of India (RBI).
Mark Matthews of Julius Baer highlights silver’s fundamental strength driven by industrial and defense demand, while gold’s support comes from Indian household wealth. He anticipates
Indian equity markets are poised for steady, healthy growth, driven by the gradual payoff of fiscal and monetary stimulus. While global markets face volatility, India’s
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