India received $13 billion foreign capital inflows in FY’19
India has been the recipient of US$ 13 billion net foreign funds so far this year, according to the findings of Goldman Sachs India Securities. The organization expects this trend to continue in the near future. It also noted that India’s net outflows last year were US$ 11 billion. Foreign investor appetite for Indian assets has risen this year due to the decisive electoral victory of the Modi Government. Some of the other observations of the agency were that while the RBI recently cut interest rates to stimulate the economy, the country’s longer-term growth is determined by changing demographics. Investors are expecting structural reforms in areas like land use and labour to boost growth, the agency notes.