“India has just been marching forward and the US is clinging to the top spot but just by a hair. A lot of countries that are also very good for innovators are the UK, Singapore, Switzerland, Canada and a lot of the countries in Northern Europe. But countries like India and some of the countries in Latin America are marching up. It is a race to see which country is the freest and that will be where most of the great innovators come from.”
Motilal Oswal sees surging steel prices to offset cost inflation for metal majors. Here are its top stock picks
Motilal Oswal expects firm steel prices, lean inventories and resilient demand to support a shift toward pricing- and cost-led earnings growth for domestic steelmakers. The