The US-Iran agreement has eased pressure on energy markets and the global economy
Higher oil prices had widened external pressures and weakened the rupee
The government and RBI moved to attract foreign capital and stabilise external accounts
Fresh inflows may ease immediate stress, but borrowing alone cannot be the answer
India needs stronger and more stable long-term capital through higher FDI inflows
Boosting exports, reviewing tariffs and reassessing currency management are key to resilience