The government initiatives, including a maritime development fund, MSMe reclassification, and a capex allocation, aim to boost manufacturing and credit demand. Companies like Adani Ports, Axis Bank, and Bajaj Finance are expecting indirect long-term benefits due to these measures.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.