Fortnightly inflows have been consistently increasing for the third time in a row with the second half of August having an inflow of $3.7 billion. India has been a big beneficiary of foreign fund inflows to the South Asian region. In the current quarter to date, Asia’s third-largest economy received inflows of $7.5 billion, Bloomberg data showed.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller