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India

Mauritius announces highest civilian award for PM Modi

Prime Minister of Mauritius Navinchandra Ramgoolam, on Tuesday, announced the country's highest civilian award, The Grand Commander of the Order of the Star and Key of the Indian Ocean, for Prime Minister Narendra Modi.

Weakening of dollar index aiding FII inflows

The US Dollar Index (DXY) has slipped below $100 for the first time after April 2022. When the Dollar Index falls, the Indian rupee appreciates and the dollar weakens, which is leading to increase in fund flows from FIIs and FPIs, SBI Securities said in a report.