Ahead of its bi-monthly monetary policy review, the Reserve Bank of India (RBI) accepted ₹23,855 crore worth of bids in its bond buyback, 95% of the notified amount. Despite the acceptance, market enthusiasm was muted compared to January’s exercises.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,