The Reserve Bank of India has been selling dollars to alleviate the depreciation pressure on the rupee due to the surging dollar and foreign portfolio outflows. e central bank sold a net of $19 billion from its reserves in July alone to prevent the rupee from falling much below 80.
Eternals’ FII cap signals stronger push into quick commerce with inventory-led strategy: Karan Taurani
Elara Securities’ Karan Taurani views Eternals’ move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control
April 21, 2025