Swaminathan Aiyar suggests India holds a strong position as an investor in the UK, particularly with the Tata Group’s significant presence. Relaxed social security deductions could further boost Indian IT investment. While the government aims for job creation in labor-intensive sectors, Aiyar believes India’s strength lies in its skilled workforce, presenting opportunities in finance, media, and sports.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major