Indian Finance Minister: Expected recent tax adjustments for foreign investors investing in government bonds will boost capital inflows.
The Indian Finance Minister stated that India is facing uncertainties challenges in foreign exchange and crude oil prices this year, along with inadequate rainfall. Fluctuations in fertilizer prices are also posing a challenge to India. It is expected that recent tax adjustments for foreign investors investing in government bonds and other measures by the Reserve Bank of India will boost capital inflows.
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