Indian corporate leaders at Davos highlighted India’s economic resilience amidst global challenges, emphasizing the need for faster reforms and deeper manufacturing to sustain momentum. They noted opportunities arising from global trade disruptions and the importance of a strong domestic market, while also stressing the need to boost the MSME sector and accelerate AI development.
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