Tesla’s CEO Elon Musk has long criticised India for having import tariffs of around 100% on EVs which protect local automakers such as Tata Motors in the world’s third largest auto market, where EV adoption is still at a nascent stage.
In the week ending February 21, the benchmark Sensex index saw a decline of about 1%. Amid this downturn, 6 penny stocks experienced significant drops
Accounting risks have evolved with governance reforms and excess liquidity. Investors should watch for earnings manipulation, low cash conversion, and high related-party transactions in IPOs.
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