Rupee, stocks cement India's top spot in Mint's Emerging Markets Tracker in June
India secured the top position in Mint's Emerging Markets Tracker for June with a score of 82.3, driven by a recovering rupee and strong stock market performance. The Reserve Bank of India's special foreign currency non-resident deposit scheme significantly contributed to forex inflows, stabilizing the rupee after a three-month decline. However, sustaining this momentum will depend on continued foreign capital inflows and resilient macroeconomic indicators.