The government is not considering adding new sectors to the PLI scheme, which aims to boost manufacturing and exports. Current focus includes electronics, pharmaceuticals, and textiles, with significant progress in mobile phone exports and job creation. Efforts are ongoing to address challenges in the gems and jewellery sector.
Nifty megacaps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his flexicap fund beyond largecaps
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and