India’s proposed free trade agreement with the EU is nearing completion, with Jefferies identifying textiles, autos, electronics and pharma as key beneficiaries. The brokerage sees tariff relief, regulatory easing and deeper supply chain integration supporting Indian exporters while agri and dairy remain excluded.
Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar sales
On Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank’s dollar sales helped mitigate pressure on the