There can be positive surprises, I do not rule it out. But I think, you see we give a number when we are totally convinced about it and our approach is not to sort of gamble by giving a higher number. Our overall approach as a central bank is always very conservative in the sense that when we are absolutely sure about a particular number, we give it.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to