ESG funds, despite charging higher fees for supposedly rigorous screening, face scrutiny for holding shares of Adani Green Energy. This comes after US prosecutors charged Gautam Adani with bribery, alleging a scheme to secure solar energy contracts. Critics argue that the situation exposes flaws in ESG assessments, particularly concerning governance in emerging markets.
Bright growth outlook for H2, but new risks seen in FY26: Finance Ministry
In its economic review for November, the ministry also said the “combination of monetary policy stance and macro-prudential measures by the central bank may have