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Global Money Flocks to India as Modi Hobnobs With Musk, Dalio

(Bloomberg) Indian Prime Minister Narendra Modi’s trip to the US couldn’t have come at a better time. A buzzing economy, equity benchmarks at record highs and a rapidly growing consumer market all make for a great advertisement as he pitches the country’s potential to American corporate executives and investors.Most Read from BloombergNoises Detected in Search for Titanic Vessel as Oxygen WanesChina Says Biden Calling Xi a Dictator Is ‘Provocation’These Are World’s Most Expensive Cities for H ....

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Rupee gains 6 paise to end at 82.70 against dollar

The rupee strengthened 6 paise to settle at 82.70 against the US dollar on Tuesday as investor confidence was lifted by the US dollar's weakness against its major international rivals.

However, the rupee's appreciation was constrained, according to currency dealers, by subdued domestic stocks, unabated outflows of foreign money, and rising crude prices. ....

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