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Adani Group's withdrawal of its Follow on Public Offer (FPO) will have no affect on the Indian economy's image or macroeconomic fundamentals, Union finance minister Nirmala Sitharaman said on Saturday.
"Foreign Exchange Reserve in the last two days has gone up by US$8 billion. Neither our macroeconomic fundamentals nor our economy's image have been affected," said the FM during a press conference on the recent pullout of the Adani Group from its Rs.20,000 crore FPO.
