In the three months before the elections, the index has returned 8% on average. The brokerage has excluded years of fractured mandates — 1989 and 1998 — from its study.
Hero Motors plans a ₹1,000 crore IPO for expansion and debt repayment. The company’s promoter stake will decrease significantly after the initial public offering. Its
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.
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