Reserve Bank of India deputy governor Poonam Gupta defended the central bank’s currency management strategy. She stated that building foreign exchange reserves and intervening in the currency market yield better outcomes. Gupta also indicated that there is scope for easing monetary policy. This is due to growth being below aspirations and inflation remaining benign.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap