FM Sitharaman: PM-US President Call to Flip Global Money Back to India

• Finance Minister Nirmala Sitharaman believes easing India-US relations, signaled by the PM-US President call, will reverse global investors' wait-and-watch stance.
• She noted that global capital responds more to geopolitical signals than domestic fundamentals, expecting funds to flow towards India.
• Sitharaman acknowledged that despite strong macro fundamentals and rating upgrades, net foreign inflows have softened, indicating investors awaited a key signal.
• The FM dismissed conservatism regarding the Budget's 10% nominal GDP growth projection, calling it realistic, and highlighted the private sector's shift from passive investments.
• She addressed concerns about market concentration, stating regulators like the Competition Commission are empowered to investigate monopoly or collusion practices.