Valuation guru Aswath Damodaran warns India faces more global resistance in its growth journey than China did. Rising trade uncertainties, driven by US tariffs, threaten market stability. Global indices, including Nasdaq, have reacted sharply, while Indian investor sentiment weakens amid FII outflows.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,