@sandipsabharwal Middle East exports are almost 0 due to Hormuz issue and middle east remittance have reduced..Will INR appreciate or depreciate...it should weaken going forward
@sandipsabharwal Lot of emphasis on long/short tax on equities and this is attributed to foreign funds investment ...but the main issue is not tax but no sunrise sectors for foreign funds to invest in India...look at s.korea there indices have doubled due to AI/chips/semiconductor stocks
@sandipsabharwal Maybe since the economc situation as articulated by PM in a rally in Hyderabad the other day could be the reason if at all they sell such a huge quantity
@sandipsabharwal Finance minister does not work in isolation he/she has to implement the government program in discussion with PMO...all policy matters again are implement as per directions of cabinet/pmo