Wed, Feb 05, 2025
In this episode of Geoeconomics Watch, we will be talking about the sharp fall of the Indian rupee, reaching its historic low at 87 against the US dollar. The decline is largely being driven due to foreign institutional investors pulling out amid global uncertainties. The recently announced Union Budget cut peak tariffs from 140% to 70%, but will that be enough? PM Modi is expected to meet the US President Donald Trump soon, and global trade is one issue that would likely be taken up. Question arises, how can India navigate through trade pressures and stabilise its future economically?