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India No Longer Dependent On Global Investors, Says DBS' Taimur Baig
Baig's comment come as the overseas investors cashed out Rs 23,364 crore worth of Indian equities so far in 2024, even as the benchmarks surged to all-time highs.
03 Jun 2024, 02:52 PM IST 
Person counting and holding bills in a street setting, in natural light. (Image Source: Envato)
India has significantly reduced its reliance on global investors, showcasing a growing financial independence, driven by robust domestic investments and strategic economic planning, according to Taimur Baig, chief economist at DBS Group Research.Baig pointed out that during the global market turbulence in 2022, Indian markets remained resilient due to strong domestic investor activity, highlighting a pivotal shift in the country's fi...
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