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The Indian rupee plummeted to a record low of 88.7975 against the dollar, becoming the worst-performing Asian currency due to rising US visa fees and trade tensions. These factors threaten India's IT sector and remittances, exacerbating pressures from high tariffs and weak foreign investment. The RBI's limited intervention suggests a possible strategy to aid exporters amidst trade uncertainties.
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News and Media
A growing number of young adults now say the rising cost of running a home means they can't afford their own place.
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News and Media
The regulator's plans could be in place by the end of January, but it warns total bills won't fall.
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News and Media
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