CNBC's Inside India newsletter: India Inc might not even need a Fed rate cut — but it wants one
Publishing timestamp: 2024-06-20 12:22:33
Summary
Despite the uncertainty around interest rates, Indian companies like ReNew are thriving and growing. The disconnect between the economy, stock market, and individual stock prices is evident, with companies able to grow and make profits even when rates are high. India and the U.S. are looking to boost trade ties, and there are key areas Modi must focus on for India's development. Indian stocks are making slow progress, with the Nifty 50 index heading for a gain this week.
Sentiment: MIXED
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