Global funds are flowing back into Indian stocks, fueling the market’s impressive rally this month. Optimism surrounding India’s domestically-driven economy, which is expected to weather the global trade war effectively, is attracting foreign investors. This resurgence follows a period of net selling and has contributed to a significant boost in the Indian market’s value.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong