The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
India is ranked 87th on the list of the world's most powerful passports in 2022, according to the latest Henley Passport Index from Henley & Partners, an immigration consultancy.
EXAMIANS