After a dash for hot dollars, India dives deep for sticky money

India is shifting its strategy to attract long-term foreign investment, rather than short-term capital, in an effort to boost its economy. This change in focus is significant because it aims to reduce the country's reliance on hot money, which can leave quickly, and instead secure more stable investments that can provide a steady flow of funds. By doing so, India hopes to strengthen its external accounts and improve its economic stability.

Read the source report: Economic Times