Resilient growth outlook seen bringing FPI flows back to India

A likely tapering of rate hikes by US Fed is also seen taking the global sheen off the dollar and working in favour of emerging markets

Bhaskar Dutta | Mumbai
Last Updated at January 29, 2023 17:17 IST

FPI, FDI, investment, funds, overseas, foreign, investors

The risk aversion caused by the war in Europe and the higher US interest rates both sent global investors rushing to the American currency, which notched up around 8 per cent in 2022.

Following a year of heavy capital outflows, Indian financial markets are likely to be recipients of overseas portfolio investment in 2023 as domestic economic growth, while seen slowing, is still likely to outpace that in several pockets of the world, analysts said.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.