India is opening a new avenue for foreign investors to buy listed stocks directly. This move aims to attract global wealth seeking exposure to the Indian market. The government has increased investment limits for individuals residing outside India. This initiative provides an alternative to existing investment channels and seeks to build resilience against foreign portfolio investor outflows.
Fed Governor Michael Barr signals more rate hikes needed to tame inflation
Federal Reserve Governor Michael Barr announced that additional rate hikes may be necessary to manage inflation. He indicated that while economic growth is strong, inflation