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The Indian Arbitrage

Apr 18, 2026

•

5 min read

The Indian Arbitrage

Wall Street's favorite EM just got a $16 billion subsidy. Inside the 48-hour U-turn that lifted India's forex to a record $700.9 billion.

Omkar Kirpan
Omkar Kirpan

The Dispatch India

AI-powered India intelligence. 106 news feeds across Hindi, English, Gujarati & Marathi - distilled into sharp dispatches on markets, geopolitics, and the Indian economy. What’s actually happening vs what headlines say.

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