Reserves fell $104 billion in the one year up to September 30 – and surged $30 billion in just the next three months. Forex reserves are at $562.8 billion as of December 30 – enough to cover around nine months of projected imports.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating