The weekend gone by was nothing ordinary for the financial universe. In fact, it is not Monday’s market carnage, but a few developments during late last week, that have set the course for the unprecedented turmoil across the global markets. Friday’s selloff was triggered by China’s Caixin PMI data for the August which fell to 47.1 from July’ [...]
Has BJP finally given up on its resistance to the most significant liberalisation of the Indian market? Has Prime Minister Narendra Modi gathered enough courage to awaken the tiger of retail business, which is fortified by 125 crore consumers and the potential strength of $600 billion business? If the decision to allow Foreign Portfolio Inve [...]
