Commerce minister urges calm as GDP growth estimates drop
pre-market1 source ↓written by the desknot a recommendation
As the rupee hits a record low of ₹96.90 against the US dollar, Commerce Minister Piyush Goyal reassured businesses not to panic. He emphasized viewing current geopolitical uncertainties as opportunities for growth. Meanwhile, credit agencies have lowered India's GDP growth estimates, indicating potential economic slowdown. 📉
• Rupee at ₹96.90
• GDP growth estimates lowered
• Focus on strengthening business processes
Not investment advice. For informational purposes only.