As PM Modi calls for conserving FX, what steps can India take?
Published on: May 11, 2026, 2:36 p.m. | Source: The Economic Times
India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is exploring past measures to attract dollar inflows and curb outflows. These include encouraging diaspora deposits, easing capital account norms, and controlling imports.
