Foreign portfolio investors (FPI) significantly increased their investments in the Indian primary market in July, reaching $1.7 billion, driven by a surge in IPO activity. However, FPIs became net sellers in the secondary market due to global uncertainties, resulting in a net outflow when considering both primary and secondary markets.
Nilesh Shah says China’s $1 trillion trade surplus is built on an undervalued Yuan, not just on innovation and competitiveness
Kotak MF’s Nilesh Shah says China’s trade surplus topping $1 trillion in 11 months is not just due to innovation and competitiveness, but also a