India's Topsy-Turvy Business Landscape: A Week in Review
India's business scene saw a mix of optimism and downturns as PM Modi encouraged German investments, while the Sensex tumbled and the rupee neared its all-time low. Bomb threats disrupted flights, and HPCL's profits slumped, but DLF reported significant profit hikes amid overall investor loss.
- Country:
- India
This week, India's business sector experienced a series of highs and lows, with Prime Minister Narendra Modi inviting German investors to partake in the nation's growth trajectory.
Meanwhile, the Sensex endured a steep decline, plummeting by 660 points due to foreign capital outflows and muted performance in Q2 earnings.
Amid these financial fluctuations, a significant story unfolded as over 25 flights received bomb threats, further compounding an already challenging landscape for Indian and global businesses.
(With inputs from agencies.)
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