'Even if India is attractive, FPIs currently lack the funds to invest, as money is being redirected to the US.'
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
Covid-19, US yields, dollar to weigh on equity flows in the near term.
In January, the RBI hiked its cash reserve ratio or the amount banks keep with the central bank by 0.75 per cent to 5.75 per cent.
The beleaguered Deutsche Bank announced major overhaul of its business, which included discontinuing loss-making equities trading business, creating a new 'bad bank', and cutting 18,000 jobs. Deutsche Equities India employs 35 people, all of whom could face the job axe.
Unhappy with the veteran leader's performance in the city, political pundits, academicians and the common man say the call to field him from Kanpur instead was a blessing in disguise for him. Sharat Pradhan reports.
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