Money exchange houses and bankers expect the coming years would be critical for the rupee
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A senior politician was widely mocked on Monday after photos showed policemen carrying him through ankle-deep muddy water while inspecting deadly floods in the country's centre.
Shivraj Singh Chouhan, chief minister of Madhya Pradesh, was shown wearing crisp white trousers and white shoes and being carried aloft through the water in a field, trailed by his entourage.
The photo of a smiling Chouhan with his arms wrapped around the two officers made newspaper front pages and sparked an outpouring of ridicule on Twitter.
Most comments were lighthearted. In India, politicians are almost always flanked by a legion of fawning officials and security guards.
"Shame on #Shivrajsinghchouhan. So embarrassing #wetyourfeet my man," Twitter user Jennifer Fernandes wrote.
"#Shivraj training Indian athletes for 400M Relay 2020 Olympics," read another.
But Chouhan was also accused of abusing his position, with comparisons drawn to the treatment of British officials during colonial times.
Government officials were quoted as blaming overzealous minders for the incident. Another said Chouhan hurt his foot and there was also concern about snakes in the water.
Chouhan himself posted several pictures of his flood visit on Twittter but skipped the controversial one, while his office denied on Monday releasing the image.
Floods triggered by monsoon rains have claimed hundreds of lives across India. In Madhya Pradesh at least 15 people have died after rivers burst and flooded villages, the Press Trust of India news agency said.
An Indian TV journalist was sacked in 2013 after he filed a report about deadly floods while perched on a survivor's shoulders.
The reporter claimed the man who carried him while standing in ankle-high water had hoisted him onto his shoulders as a sign of respect.
At least 40 dead in flood-affected states
> At least 40 people have died and hundreds of thousands have been evacuated as floods hit vast swathes of central and eastern India.
> Days of heavy rain have caused the Ganges river and its tributaries to rise above the danger mark during the last 48 hours in some 20 districts of the states of MP, Bihar and UP
> In Madhya Pradesh at least 17 people have died
> In Bihar 14 flood related deaths were reported
> In Uttar Pradesh nine died from drowning, electrocution and injuries from house collapses
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