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India tightens checks on overseas flows as currency pressure mounts, sources say
India's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple queries to detect potential misuse of investment routes. This move comes amid pressure on the rupee from rising oil prices and foreign outflows, prompting a focus on capital outflow pace and currency impact.
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economictimes.indiatimes.com
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India tightens checks on overseas flows as currency pressure mounts, sources say
India's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple queries to detect potential misuse of…
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What steps India has taken to stem pressure on its external balance of payments
India is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have been tightened. Citizens are urged to…