India’s trade pact with the European Union is set to significantly boost exports. The agreement, expected this year, will grant 99 percent of Indian goods duty-free access to Europe. This move is projected to double India’s exports to the EU within five years. Businesses are encouraged to expand and capitalize on this opportunity.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a