India’s foreign exchange reserves and strong economic fundamentals will help cushion against external shocks and increased volatility in the global markets, the RBI said on Monday. However, “the capacity and resilience of the Indian economy to absorb external shocks have strengthened over time”, it said. India’s $710 billion of foreign exchange reserves, strong growth and sound macroeconomic fundamentals give the country strength, it said. Net FDINet FDI remained negative for the fifth consecutive month in January, owing to higher repatriation and outward FDI from India. Net FDI declined to $1.7 billion during the 10 months of the fiscal year from $2.2 billion during the corresponding period a year ago.

Source: The Telegraph March 24, 2026 02:03 UTC