Developed economies began sourcing from China at competitive rates. China emerged as the manufacturing hub for the developed world. India supplied cheap labor through BPO/KPO and IT services, while Ukraine and Russia addressed global energy needs
BFSI remains a key driver of market resilience despite global jitters: Pankaj Pandey
Overall, sense is that the domestic flows in core categories are intact from a mutual fund perspective and also, from the FII perspective, a bigger