June 26 (Bloomberg) -- A.S. Thiyagarajan, managing director at Aquarius Investment Advisors Pte Ltd, talks about India's economy and the local currency.
India has increased the amount of rupee-denominated debt overseas investors can own to arrest a slide in the currency, which sank to a record low on June 22. Thiyagarajan also discusses Indian Finance Minister Pranab Mukherjee’s plan to resign and its implications for the nation's economy. Thiyagarajan speaks from Singapore with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)