🏦 Economy / Policy
• FPIs have sold a record ₹1.14 lakh crore of Indian equities in March, reflecting heightened global risk aversion and sustained outflows 💹📉
• RBI has capped banks’ net open rupee FX positions at $100 million from April 10, likely triggering short-term dollar selling and supporting the rupee 💱📊
• The rupee closed at a record low near 94.8/$, with risks of further weakness to 96–97 if crude prices remain elevated ⚠️
• India’s health insurance sector has crossed ₹1.2 lakh crore in premiums, driven by rising awareness and regulatory support 🏥📈
• India’s packaging industry is projected to reach $92 billion by FY30, supported by consumption growth across FMCG, pharma and e-commerce 📦📈
• Defence Acquisition Council cleared procurement proposals worth ₹2.38 lakh crore, strengthening long-term visibility for defence manufacturing 🛡️📊
🏢 Companies / Sectors
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🌍 Global / World
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