So, it is a possibility that is rather low at this point of time, but it cannot be completely ignored. If we are in a mini-Goldilocks where the US growth declines, but does not enter a recession, then we are very well off as far as emerging markets are concerned for all the reasons that you just highlighted.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions
June 23, 2026