S&P Global Ratings says India is handling global financial pressures better than headlines suggest, arguing that worries about foreign investment outflows are overstated. The agency’s view comes as an Iran-war driven oil shock and record selling in local shares push the rupee to fresh lows. S&P notes India has enough reserves and fiscal room to absorb a wider current-account deficit linked to higher crude prices, while emphasizing gross inflows remain strong. It also points to repatriated profits as a key driver behind net outflows.
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