Nilesh Shah believes the RBI’s leadership transition won’t disrupt policy continuity. India’s success in reducing debt-to-GDP ratio is lauded, while concerns about consumption are addressed with optimism for a revival in the coming months due to festive spending and government spending. The RBI’s role in balancing growth and inflation is emphasized.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created