Swaminathan Aiyar warns that the world may be at initial stages of a potential prolonged trade war led by Trump, predicting severe global economic impacts. With high tariffs, industries like Apple’s Indian plant may face significant export challenges. Aiyar foresees a long period of instability, recession, and possible further retaliation, emphasizing the catastrophic implications for world, Indian, and American GDP.
Retail investors shift focus to high-yield corporate bonds for better returns
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online
June 10, 2025