Rishav Gupta
FrankBanker    Research Associate   Exp: Fresher   Enthusiast

Production Linked Incentive (PLI) scheme was introduced first in 2020 with a view to boost domestic manufacturing. This scheme has been launched in 13 sectors identified by the government with a total budgeted outlay of INR 1970 billion (US$26.48 billion). It ...Read more

Tithi Sanghavi
EY    Senior Analyst   Exp: 1 Year   Enthusiast

As you all know that because of the Russia-Ukraine crisis, FPI investors were leaving India (and emerging markets to safe heavens), and this was leading to depreciation in rupee. Rupee was also under pressure due to increase in crude oil prices. ...Read more