Rising oil prices pose inflation risks for India, with a $10/barrel hike potentially increasing consumer prices by 0.2-1.4%. Asian economies, especially net importers of crude, are sensitive to CPI and could face challenges.
FPIs pull out Rs 89,916 crore in record 15-day sell-off, Nifty slides 10%
Foreign investors have withdrawn a record 89,916 crore from Indian stocks. This outflow over 15 sessions is the largest in two decades. Domestic mutual funds