Exim bank said that the rise in exports during the second quarter of FY23 could be shadowed by softening global commodity prices. Slowdown in major trade partners, inflationary pressures and tight monetary policies around the world could also offset the exports gain, as per the Exim Bank data.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South