Economists pencil in lower imports to narrow CAD and support rupee https://ift.tt/1HqFpQW said lower commodity prices will help shrink the deficit in the coming months, providing more support to the exchange rate even as exports remain weak. Slower domestic growth could also keep imports muted, reducing the deficit.
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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