Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing
The Indian rupee crossed the 95 per dollar mark for the first time, ending at a record low amid rising oil prices and global tensions. Weak equity markets and foreign fund outflows further weighed on the currency during the March quarter
The rupee slipped 5 paise to 89.73 against the US dollar in early trade amid FII outflows and weak equities. Losses were capped by a softer dollar and lower crude prices, while markets await key US economic data
