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Mumbai, Mar 30 (PTI) The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking the sharpest decline against the greenback in 14 years. In FY12, the domestic currency declined by 12.4 per cent against the dollar at a time when the current account deficit had widened to 4.2 per cent. In the current fiscal year, the steep depreciation was driven by persistent foreign fund outflows, elevated crude oil prices, and a strengthening dollar globally. Volatility in global financi ...Read More >
NEW DELHI: India is witnessing a growing trend of capital flight as high-net-worth individuals (HNWIs) increasingly invest in overseas assets and seek residency or citizenship abroad. According to the Henley Private Wealth Migration Report 2025, India is expected to lose 3,500 millionaires this year alone, making it one of the top countries experiencing outflows of wealthy individuals. Affluent investors from tier-2 and tier-3 cities are also buying real estate abroad, especially in Dubai, often ...Read More >
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