The Economic Times

Parliament Watch: FM on rupee, `16.1 lakh cr fuel taxes, India-US trade talks and more

Rupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and remains engaged with Washington after a recent trade deal. Single-brand retail FDI has seen a slump, while multi-brand retail FDI experienced an increase. The textile PLI scheme has attracted significant investment and generated numerous jobs. Fuel taxes have fetched the government substantial revenue over the past five years.