India braves Rexit & Brexit

Barely a month after Raghuram Rajan decided not to seek a second term at the Reserve Bank of India and the British unexpectedly voted to exit from the European Union, the then catastrophic looking events seem to be largely forgotten. After a brief hiccup, Indian financial markets are like almost never before, enjoying the global liquidity surge and hope from more reforms led by the goods and services tax (GST). ET looks at the story in three charts.

Foreign Portfolio investment up after a blip