5199: RBI’s Rupee defence, 7.7% GDP growth and why gold ETFs closing doors | Editor's Picks

India’s policymakers rolled out a coordinated push to strengthen the rupee and attract foreign capital, with the government easing tax rules for foreign investors and the RBI unveiling measures that could bring in up to $45 billion. Alongside the policy action, the RBI held rates steady while lowering growth forecasts and raising inflation expectations amid global uncertainties. We also unpack India’s resilient GDP growth, the latest developments at Tata Trusts, growing restrictions on gold ETF investments, fresh concerns over IT job scams, Bira91’s financial troubles, a major AI startup fundraising round, and SEBI’s push for stronger corporate governance.