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Rupee Weakens Past 94 Amid Oil Price Surge Why in the News ? The Indian rupee has depreciated beyond ₹94 per U.S. dollar, marking its fourth consecutive fall, due to rising crude oil prices, global uncertainty, and capital outflows, despite intervention by the Reserve Bank of India. Recent Trends in Rupee Depreciation: Exchange Rate Fall: …
Read MoreIndia’s Informal Economy: Better Tracked Than Ever Before Why It’s in the News Debates on GDP over- or under-estimation are losing ground due to India’s improved statistical capabilities in measuring the informal economy and non-observed economy. Significant progress has been made in accurately measuring the informal sector, a crucial component of the informal economy, including …
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