The India Paradox: Why Global Capital Remains Cautious Despite Macro Stability
The Divergence Between Growth and Capital Flows Despite India maintaining some of the most robust macroeconomic fundamentals among emerging markets, foreign investors are exhibiting a growing reluctance to commit long-term capital to the nation. Sajjid Chinoy, Chief India Economist at JPMorgan, recently highlighted that the persistent weakening of the Indian rupee serves as a diagnostic…