India’s evolving relationship with virtual digital assets (VDA) calls for a clear regulatory framework to foster innovation, protect investors, and boost global competitiveness. Learning from global models, India must focus on collaboration, clarity in taxation, and public awareness to unlock VDAs’ potential while ensuring economic stability.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South