This week, Indian markets are on high alert for pivotal economic data, as traders keenly observe foreign portfolio inflows that could dictate the rupee’s trajectory. Meanwhile, bond investors are attuned to the balancing act of demand and supply. The rupee recently surged following the announcement of a trade deal between the U.S.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong