Axis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign outflows. A 15% reduction in government ownership could raise about Rs 6.6 lakh crore while supporting fiscal consolidation and increasing market liquidity.
India beats a hasty retreat from a crucial market reform
India’s market-closing auction reform, designed by Sebi to curb price manipulation, has faced volatility and investor backlash within weeks. The regulator may weaken or abandon