In the context of the declining value of the Indian rupee, T N Ninan notes that if India’s politicians want a stronger currency, they need to do a better job of managing the economy: Inflation control, productivity improvement, etc. Getting the Reserve Bank of India to spend billions of dollars to boost the rupee is the wrong way to go. Read here
QUOTE OF THE DAY
“We mark #5YearsofGST, a major tax reform that furthered ‘Ease of Doing Business’ and fulfilled the vision of ‘One Nation, One Tax.’”Prime Minister Narendra Modi
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