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On Friday, the rupee experienced its steepest decline to date, reaching an all-time low of 85.53 against the US dollar, driven by domestic factors such as month-end dollar demand and limited RBI intervention. The local currency's overvaluation and potential for further depreciation are highlighted.
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News and Media
Safety issues with the Boeing 737 Max and mass employee strikes made for a challenging 2024.
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News and Media
Consumption inequality between rural and urban India decreased in 2023-24, with notable increases in Monthly Per Capita Consumption Expenditure (MPCE) in both areas. Non-food items continued to dominate expenditures. Government support contributed to rural growth, and social welfare programmes impacted overall consumption patterns.
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News and Media
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