A BofA survey indicates that 32% of fund managers are net underweighting Indian equities, concerned about a lack of support from the AI ​​trend, slow economic growth, and high valuations.

The Reserve Bank of India intervened in the market by selling dollars to curb pressure on the rupee, keeping it within a narrow range after it weakened to 95.36 per dollar.

The President of the Reserve Bank of India revealed that BRICS is discussing cross-border payment and CBDC system linkages to reduce transaction costs, while also continuing to promote the use of local currencies in trade, although the proposals are still under discussion.

The Reserve Bank of India is urging financial institutions to accelerate investment in AI infrastructure, warning of cybersecurity risks and reliance on a few models or technology providers.

China condemned India after it announced it would name 27 places in Arunachal Pradesh, calling the action illegal and ineffective, and reiterating that the area belongs to China, sparking a new round of tensions.

India's foreign exchange reserves increased by $1.05 billion in a single week to $6.929 billion, marking a continuous increase.

India's foreign exchange reserves have increased for five consecutive weeks, following inflows of $4.08 billion under the RBI (Regional Financial Institution) measures. Analysts expect them to potentially reach $7.30 billion in September.

India has passed measures exempting foreign investors from taxes on interest and capital gains from government bonds, and granting a 15-year tax holiday to foreign companies supporting electronics manufacturing.

Meta is facing immense pressure in India after parliament gave Mark Zuckerberg a 72-hour deadline to apologize for restricting Prime Minister Modi's posts.

Honda has commissioned Tata Technologies of India to develop a new vehicle platform for the first time, hoping to reduce costs and accelerate product development after suffering its first loss in 77 years.