Contraction in fund flows are cautionary tale for India’s $1.9 trillion stock market that’s looked past poor growth & pandemic to jump 40% from March low.
The fall in the indices came after HDFC Bank launched a probe into its auto lending practices following allegations against the conduct of a retired, long-time executive
Indian stock brokers are arming financial advisers with tablet computers and extending the horizon of price targets as the country reopens for business.
Markets went into selloff mode as winding up of a few debt schemes by Franklin Templeton added to the selling pressure witnessed in banks and NBFC stocks.
If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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