India’s rupee is underperforming despite strong economic fundamentals, according to the Economic Survey. Tepid foreign investment has led to a balance of payments deficit, weakening the currency. Uncertainty surrounding a US trade deal also plays a role. The survey highlights the need for proactive reforms to attract much-needed foreign capital for sustainable growth and rupee stability.
BofA CEO Moynihan sees India as major growth engine, calls for more capital
Bank of America CEO Brian Moynihan says India is the fastest-growing major market globally, offers huge opportunity, and will need large amounts of capital to
January 30, 2026