New Delhi, June 6 (IANS) The latest measures by the government and the Reserve Bank of India (RBI) to boost rupee and foreign capital could improve the balance of payments (BoP) by more than $30 billion in the short run, by both narrowing the current account deficit (CAD) and raising capital inflows, according to HSBC.Ahead of the June policy meeting, markets were focused on two fronts: rupee support measures and the policy rate decision. “We think the RBI took a split approach, going ‘all i…
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New Delhi, April 7 (IANS) Global geopolitical tensions are beginning to weigh on India’s economic outlook, but the country is still expected to maintain steady growth as GDP growth expected at 6.2 per cent for FY2027, a report said on Tuesday.The data compiled by Morgan Stanley projected India’s growth, even as rising energy costs, supply disruptions, and external pressures pose fresh challenges.However, it is lower than earlier estimates of 6.5 per cent, the report stated. The downgrade ref…