After equities staged a sharp rebound recently, the 12-month forward PE valuation of Nifty50 has expanded to 19.5x and is now trading at one standard deviation above its 10-year average. The MSCI India was trading at a valuation premium of 37 per cent and 96 per cent versus the MSCI World and MSCI EM, respectively.
Australian farmers likely to grow more chana for Indian consumers
“The Australian farmers will sow chana till the end of May. India’s decision of removing import duty will encourage them to sow more chana for