Meesho shares remain in focus ahead of Q4 results after a sharp 60% rebound from March lows. While brokerages expect strong NMV growth, concerns around valuations and overbought technical indicators persist. Analysts see near-term volatility, with profitability still a few years away despite improving operational metrics and strong user growth.
Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks