Amidst global market volatility, BlackRock’s Ben Powell highlights India’s fixed-income market as promising due to easing inflation and the RBI’s accommodative stance. He suggests Indian government bonds offer attractive yields compared to global counterparts. Powell also emphasizes gold’s importance as a portfolio diversifier amidst geopolitical tensions and trade policy uncertainty.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO