Foreign institutional investors (FIIs) are unlikely to return to Indian equities soon due to structural and cyclical forces, including modest dollar returns and the AI revolution favoring other markets. FIIs may only re-enter if valuations hit rock bottom, IPO activity surges, or global markets become overheated, making India an attractive diversification option.
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