Rajeev Agrawal of DoorDarshi India Fund suggests Indian markets remained resilient due to India’s calibrated response to a terrorist attack and a healthy economy. Strong PMI numbers and reasonable valuations contribute to a positive outlook. A strong rupee and anticipated government infrastructure spending are attracting foreign investors back to Indian equities, shifting the narrative from China.
Macro buffers to help India tide over Gulf crisis: World Bank
India’s economic growth for FY27 is projected at 6.6 percent. The World Bank notes potential risks from the Gulf conflict impacting global energy prices. However,