Foreign portfolio investors continued their net selling of Indian debt through the fully accessible route in July, marking the fourth consecutive month of outflows. Net sales reached ₹455 crore amidst rupee pressure and uncertainty surrounding policy decisions. Hopes for further rate cuts diminished after the RBI emphasized long-term inflation and growth considerations.
Cabinet approves India-Oman trade pact; may be signed during PM’s Oman visit on Dec 17-18
India and Oman are set to sign a free trade agreement. The pact will be signed during Prime Minister Narendra Modi’s visit to Oman from