Latest Economic Outlook News & Updates

Indian Rupee Faces Short-Term Pressure, Long-Term Potential: Chief Economic Adviser

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New Delhi, April 24 (IANS) India’s currency may be under pressure in the short term, but its long-term story remains compelling, Chief Economic Adviser V. Anantha Nageswaran has said, describing the rupee as “fundamentally undervalued” and an attractive opportunity for investors.Speaking to Bloomberg, Nageswaran said the current valuation of the rupee offers a strong entry point, particularly for long-term investors looking at India’s growth potential.His remarks come at a time when the …