$729 Billion and Climbing - But Who Actually Pays for India's War Chest?
With reserves at an all-time high and concessional swap windows still open, the debate over "how much is enough" has moved from academic to concrete - Patra's $1 trillion target is a specific, quantified answer that carries real costs most coverage of the milestone skips over. India's foreign exchange reserves hit a record $729.33 billion, prompting discussions on whether the RBI should aim for a $1 trillion buffer to shield…