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The Indian rupee's longest losing streak since May masks growing confidence among global investors in Prime Minister Narendra Modi's management of the world's fastest-growing major economy.A combination of high yields, improving public finances, and room for interest-rate cuts will lure back foreign investors trimming emerging-market debt in the face of global risks such as a potential US rate increase, according to Franklin Templeton Investment Funds, Mirae Asset Global Investments Co, and GAM International Management Ltd. Foreign funds are selling Indian shares this month for the first time since February, while their bond holdings have fallen the most since June, as odds of a Federal Reserve rate hike rose."One of the most exciting things about India is Modi's reforms," Mark Mobius, the executive chairman of Templeton Emerging Markets Group, said at a Bloomberg event in Mumbai on Friday. "India is in a very sweet spot. It is our top emerging-market pick at the moment," he said.Modi