IBIshan Bakshi

1. Article · Jul 26, 2026 · Ishan Bakshi

   From the Opinions Editor: Foreign capital flows trickle back in, but fresh headwinds are buffeting the economy (opens the original)

   Excerpt · English

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   Over the last few weeks, there have been some signs of foreign capital flows trickling back in. In July, foreign portfolio investors have so far poured in $1.5 billion in the equity markets, reversing the trend of massive capital outflows witnessed in the months before. Last week, the RBI also disclosed that after the measures it had announced to boost capital flows, so far, $17.4 billion had been mopped up through the FCNR(B) route, and another $3.3 through other channels. In April and May, net

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2. Article · Jul 19, 2026 · Ishan Bakshi

   From the Opinions Editor: Behind RBI’s growth optimism, some hard economic questions (opens the original)

   Excerpt · Neutral tone · English

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   In its last meeting, the RBI’s Monetary Policy Committee voted unanimously to keep interest rates unchanged and maintain a neutral stance. While the accompanying statements did lay out the rationale for the committee’s decision, several issues, beginning with inflation, need to be clarified. Directionally, inflation is expected to trend upwards through the year. The central bank’s own forecasts have pegged inflation at 5.65 per cent in the second half of the year, up from 4.65 per cent in the fi

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