https://www.taxtmi.com/news?id=21980 India's external sector shows resilience backed by modest current account deficits, substantial foreign exchange reserves, strong services exports and improving external debt and NIIP metrics. Policy measures focus on boosting export competitiveness, diversifying financing through calibrated capital-account liberalisation that favours FDI and long-term debt, revised FPI routes including voluntary retention, and simplified ECB norms. A flexible, market-determined exchange-rate regime with targeted interventions is maintained, while the overarching objective is to keep the current account deficit sustainable and financed by a prudent mix of debt and equity to preserve macroeconomic stability. en-us Fri, 20 Sep 2019 10:07:38 +0530 Fri, 20 Sep 2019 10:07:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21980 India's external sector shows resilience backed by modest current account deficits, substantial foreign exchange reserves, strong services exports and improving external debt and NIIP metrics. Policy measures focus on boosting export competitiveness, diversifying financing through calibrated capital-account liberalisation that favours FDI and long-term debt, revised FPI routes including voluntary retention, and simplified ECB norms. A flexible, market-determined exchange-rate regime with targeted interventions is maintained, while the overarching objective is to keep the current account deficit sustainable and financed by a prudent mix of debt and equity to preserve macroeconomic stability. News - Fri, 20 Sep 2019 10:07:38 +0530 https://www.taxtmi.com/news?id=21980