How rupee depreciation will impact various sectors https://ifttt.com/images/no_image_card.pngNomura expects INR to fall to `82 in the third quarter of this calendar year. In general, net exporters will gain as they will receive more rupees for their dollars while net importers will need to pay more to buy dollars for imports. Those with large foreign loans will also see rupee interest costs rise. ET looks at the sectors impacted the most.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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