Mumbai, June 2 -- The Indian rupee could accrue mild gains tracking weakness in dollar overseas although cautious investors amid geo-political uncertainty are likely to dent sentiments. Asian markets were mostly lower this morning as trade tensions simmered and data showed Chinese manufacturing activity contracted for a second consecutive month in May. Meanwhile, for India, official data showed the Indian economy grew at a better-than-expected rate of 7.4 percent in Q4 of FY 2024-25. The first and second advance estimates, which were based on limited data, had projected 6.4 percent and 6.5 percent, respectively. Provisional estimates now peg India's GDP growth at 6.5 percent for 2024-25. Also, India's foreign exchange reserves increased by ...
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