Seth R Freeman discusses the conflicting signals in the market, with equity upticks clashing with bond yield concerns. He notes the weakening dollar’s positive impact on emerging markets, particularly Brazil, while India’s prospects hinge on geopolitical factors, especially China. Given current uncertainties like trade tensions, Freeman favors fixed income as a safer investment for the remainder of the year.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate