The debate on freebie politics has to be a debate on how policies that foster the ‘spirit of enterprise’ are morally and ethically – not to mention, economically – superior to the politics that breed a ‘culture of entitlement’.
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate
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