The Economic Survey 2023-2024, released by the Finance Minister, addresses the “Chinese Conundrum.” It notes that India may not easily replace China in global manufacturing, despite India’s rapid growth. The Survey emphasizes China’s dominance in global supply chains and critical minerals, affecting India’s renewable energy. It also points out that import restrictions alone won’t effectively tackle China’s competitive advantage.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025