India Business News: According to economists at Morgan Stanley, investment has become a major driver of India's rising economy, and the country's current expansion is simi
Increased inflows in anticipation of more passive flows to Indian bonds due to the inclusion to global bond indices are expected to stabilise the rupee. But will it appreciate the Indian rupee? Analysts don t anticipate it as yet.
Thanks to the domestic and global flows on a positive outlook, India outperformed most Emerging Markets in 2023 with the Nifty gaining about 20 percent. But that has also pushed it to an expensive territory.