With GDP per capita only $2,500 per capita (as against $12,700 for China) and positive demographic trends, India is arguably at the start of a long wave boom at the same time as China may be ending one, Morgan Stanley said.
Rupee weakness continued further below 82.75 down by another 18 paisa as dollar index rising above $102.50 kept added pressure on rupee fall as risky assets showed sell off, says Jateen Trivedi, VP Research Analyst at LKP Securities.Indian .
New Delhi, August 3 (IANS) Rupee weakness continued further below 82.75 down by another 18 paisa as dollar index rising above 102.50 kept added pressure on rupee fall as risky assets showed sell off, says Jateen Trivedi, VP Research Analyst at LKP Securit
India Business News: Posting their quickest gains, the sensex and investor wealth hit record highs on Monday, riding on foreign fund buying. For the first time, the index