
#829 Trump’s Peace Gesture and Tehran’s Response Confuse Markets
The Core Report
Structural Concerns Behind Rupee Weakness
Ajay Shah attributes depreciation to slower growth, institutional worries and diminished FDI and investor confidence.
On Episode 829 of The Core Report, financial journalist Govindraj Ethiraj talks to Ajay Shah, economist and co-founder of the XKDR Forum as well as Richa Sawhney, Partner at Grant Thornton Bharat.
SHOW NOTES
(00:00) Stories of the Day
(00:50) Trump makes a fresh gesture of temporary peace even as Israel continues to pound Tehran leaving markets confused as always
(04:28) How India is quite literally fighting to get through a tanker at a time through the Strait of Hormuz
(10:36) Should India allow the rupee to float freely and thus depreciate further?
(27:35) New Income Tax Rules are here, what do they mean?
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