Live Breaking News & Updates on Barclays Investment|Page 2
Stay updated with breaking news from Barclays investment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IPO exits by private equity (PE) firms led to the aggregate tally decline. It also meant that volatile portfolio flows were higher than durable FDI flows during the period. ....
A bulk of the deals were concluded in the second half of the year and the largest exit route was through public market sales which includes exits at the time of listing as well as post IPO sales by the PE according to Arun Natrajan, founder of Venture Intelligence ....
In the face of global financial market turbulence, India s rupee appears more resilient due to a narrowed current account deficit (CAD) and bolstered forex reserves. Increased exports post-pandemic buffered the CAD, keeping it manageable at 2% in FY23 despite soaring commodity prices. Forex reserves, standing at over $600 billion, fortify the RBI s ability to stabilize the rupee, marking a significant contrast to a decade ago when India was tagged among the Fragile Five economies. Forecasts project a reduced CAD and stable rupee for the upcoming fiscal years. ....