India may have attracted more money than any other Asian market in the past month but this rally in stocks doesn't have much grounding in macroeconomic reality.
Stocks surged after two opinion polls indicate victory for Prime Minister Narendra Modi’s ruling coalition. When Modi govt first formed in 2014, Sensex rose 30%, the most since 2009.
Investors are seeking safety in bigger companies amid a brewing trade conflict and elevated prices of oil.
India may be Asia’s best-performing major market this...
In veteran stock picker Raamdeo Agrawal's view it doesn’t even matter who becomes the country’s next Prime Minister because the economy will grow anyway.
India’s stocks...
Total investor wealth, measured in terms of cumulative market value of all listed stocks on BSE, fell by Rs 10 trillion in past three trading sessions to Rs 143 trillion
The civil aviation ministry could have recognised the enormity of the Air India crash and prepared the AAIB and its investigating team for its sensitivities.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
COMMENTS