Rupee Slide Not A Worry, India's Market Still Shines, Says PHDCCI's Ranjeet Mehta

The stock market's movements are influenced by global factors like U.S. developments, Federal Reserve policies, and employment trends worldwide. Despite recent fluctuations due to geopolitical tensions and economic expectations, stability appears on the horizon. Meanwhile, the Indian Rupee's current slide is no cause for alarm. India's economic strength, driven by robust consumption and a massive market, remains intact. The government's proactive measures and strong fiscal discipline, with a controlled deficit, bolster confidence. Ranjeet Mehta, CEO & Secretary General of PHDCCI, emphasizes that India continues to be the world’s most attractive economy for long-term growth.