Finance Minister Nirmala Sitharaman promised support for farmers hit by rising input costs, while urging India Inc to expand capacity and share what it needs to invest more. She acknowledged concerns around capital outflows and reiterated India’s readiness for reforms. She also flagged ongoing engagement with the US and Anthropic on AI model risks, and said the strategic sale of IDBI Bank will proceed.
In its latest RBI Bulletin, the central bank said India’s financial system and external sector remain resilient despite global volatility and capital outflows. It reported that key external vulnerability indicators stayed contained, while foreign exchange reserves continued to look comfortable, even as global uncertainty remained elevated.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
