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The money could come from a sale of part of the business, or new investment from existing shareholders.
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At the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping urged the region to promote free trade in the face of "rising protectionism." Xi emphasized the importance of removing barriers to trade, investment, technology, and services to maintain a stable industrial supply chain, according to Chinese state media.
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RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India's external sector is robust, and the current account deficit remains manageable. Das highlighted India's significant foreign exchange reserves. He acknowledged the presence of inflation but expressed confidence in its moderation.
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