Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’
India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic Advisor V. Anantha Nageswaran describes this as a "live balance of payments stress test," highlighting pressure on imports, currency stability, and foreign exchange flows. The situation is exacerbated by heavy…
The Economic Times ·