A few recent policy reversals highlight the element of uncertainty that investors must grapple with after a decade of certainty, as Modi increasingly leans on coalition partners. That’s led to concerns stocks tied to government policies may continue to trail the broader market.
RBI’s strong dividend to govt boosted by USD sales, interest income: SBI report
The Reserve Bank of India’s record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar