As the global economy grapples with geopolitical fragmentation, trade realignments and post-World War II order reform, India could emerge as a rare pillar of stability, said Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital.Speaking to ET Now on the sidelines of Mumbai Climate Week, Mishra said the world is undergoing […]
The rupee recovered on Wednesday to close 65 paisa stronger at 90.38 per dollar, reversing a five-day freefall period after the central bank was likely to intervene in the foreign exchange market.The currency gained 0.7% from the previous close of 91.03, making it the best single-day performance in two months. “The correction can be attributed […]