To the casual observer, it painted a picture of bureaucratic hesitation. But to those watching the flow of global capital, the silence on the phone line masked a thunderous shift in the global economic order.
India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by
The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B)
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