Rupee climbs to 5-week high on dollar inflows, breaches key level
The Indian rupee rose to an over one-month high against the U.S. currency on Tuesday, spurred by foreign inflows into local debt and equity markets.
The rupee closed at 79.1475 per U.S. dollar, compared with the previous close of 79.5225, notching up its best session this month. Read more
FM Sitharaman asks India Inc why it is hesitant to invest in manufacturing
Finance Minister Nirmala Sitharaman on Tuesday sought to know from industry what is holding it back from investing in manufacturing, even though foreign investors show confidence in India.
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