Foreign investors have significantly reduced their holdings in Indian equities, driven by slowing earnings growth, the AI boom in South Korea and Taiwan, and rising oil prices coupled with a falling rupee. This shift has led to substantial outflows, with strategists predicting a slowdown in selling but a slow return to popularity for Indian markets.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend