India faces capital attraction challenge amid trade, oil, AI uncertainties

India faces significant headwinds in attracting foreign capital, according to a Finance Ministry report that cited mounting uncertainties in global trade, crude oil prices, and artificial intelligence developments.

The report stressed the need to shift focus toward making the Indian economy "more competition-friendly rather than business-friendly" to strengthen its investment appeal. The assessment underscores challenges ahead as policymakers work to sustain economic growth and capital inflows amid volatile global conditions.