Favorable external environment benefitted Indian Economy in 2019

According to Singapore's DBS Banking Group, in 2019, the Indian Economy benefited from the favorable external environment following which the portfolio inflows into equity and debt touched a multi-year high. If this momentum sustains, it will bode well for the country's external balance.

The report released on Friday claimed that notwithstanding a challenging trade outlook, conducive global drivers, like the flush of liquidit....