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India explores steps to mobilise dollar inflows as rupee slides, sources say
Article Summary
This report covers key India-focused updates related to loans, EMI, interest rates and banking. India explores steps to mobilise dollar inflows as rupee slides, sources say India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabilize the rupee. Measures under consideration include reviving a deposit scheme for non-resident Indians and removing withholding tax on overseas government bond investors. These steps are being explored amid rising oil prices and capital outflows. Election Results 2026 Live Updates: Who's ahead in which state West Bengal Election Results 2026 Live Updates