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Indian banker Uday Kotak says the ideal approach to handling volatility in the Indian rupee would be to let it find its own level while continuing to invest in research and innovation. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Plus, a Nobel laureate leaves his mark on recessions, AI leverage risk, and does California aspire to be like France?
Everything you need to know before you reach the office this morning.
The stock has the potential to rise fourfold in the next several years.
Saudi Arabia’s economy is expected to shrink by 3.3% this year, the IMF says, as deadly attacks by Yemen’s Houthis and a regional war squeeze the kingdom. Read More: https://punchng.com/saudi-arabia-faces-economic-contraction-as-war-woes-mount/
Former AfDB President, Akinwumi Adesina, has called for increased investment in young Nigerian entrepreneurs, saying access to affordable capital is key. Read More: https://punchng.com/nigeria-must-invest-in-young-entrepreneurs-ex-afdb-president-adesina/
ActionAid Nigeria says the country’s 4.2% GDP growth in H1 2026 is not enough to reduce poverty, calling for double-digit growth and single-digit inflation Read More: https://punchng.com/4-2-gdp-growth-insufficient-to-cut-poverty-actionaid/
