Indian equities posted their best month in three years in March as foreign investors plowed more than $6 billion into the market on the prospect of PM Modi winning a second term.
Blackstone Group LP-backed Embassy Office Parks, rose on its trading debut, in a vote of confidence for a potential new funding avenue for the nation’s cash-strapped developers.
The investor says he would ride out any volatility and even look to buy into declines if there's an erosion of Prime Minister Narendra Modi’s grip on power.
The most affected companies are Vedanta, Tata Motors, HDFC, Kotak Bank, Infosys, Tata Steel, Yes Bank, Maruti Suzuki and RIL, falling up to 2.56 per cent.
Prime Minister Narendra Modi’s re-election bid has turned out to be tougher than earlier estimated, with investors turning cautious in the run up to the outcome.
Finance minister Arun Jaitley will address the RBI board to highlight the key points of the interim budget, including the fiscal consolidation roadmap.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
A panel of experts moderated by ThePrint’s Editor-in-Chief Shekhar Gupta drew connections between insights of 1965 Indo-Pak War and strategic takeaways highlighted by Op Sindoor.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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