Indian economy's image unaffected: FM on Adani cancelling ₹20,000 crore FPO

Finance Minister Nirmala Sitharaman said the Indian economy's image hasn't been affected by Adani Enterprises cancelling its ₹20,000 crore FPO. "FPOs come in and FIIs (foreign institutional investors) get out. Fluctuations are in every market," she added. Stating that forex reserves jumped by $8 billion recently, she stated, "It proves that perception about India and its...strengths is intact."