Driven by buoyant narratives & robust profitability in the past, stocks of many public sector banks rose over 400% since 2020. They have fallen sharply over the last few months.
In 24 January report, Hindenburg Research said stocks of Adani Group’s 7 listed companies 'are 85% overvalued'. At least 3 of these have since seen their stock price fall by almost that amount.
Pity none of the well-behaved guests attempted India’s favourite 'Nagin dance' when Italian brand Bvlgari 'saap' slithered through The Art House in Mumbai.
According to the Niti Aayog quarter trade watch report launched Monday, India’s total trade in FY 2025 was at US$1.73 trillion—exports at US$823 billion & imports US$908 billion.
In July, India & UK had announced a defence industrial roadmap that mentioned Jet Engine Advanced Core Technologies Innovation and co-development as a key priority.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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