“A proxy to the Indian economy, L&T has been playing this very, very well over the last few years and will continue to do so over the next few years. And with the visibility that we are seeing in terms of capex and infrastructure spending, Sanghvi Movers can be one stock where utilization levels can inch up even higher, creating a better yield. So, L&T from largecaps, Sanghvi Mover from the midcaps.”
Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data shows
Overseas deposits from the Indian diaspora significantly boosted the country’s capital account surplus. This inflow helped offset the overall current account deficit recorded for July.
September 16, 2026