Most Indian individual investors saw their net worth decline in the July-September quarter due to market downturns. While benchmark indices like the Nifty experienced losses, midcap and smallcap indices fell more significantly. Nemish Shah’s portfolio, however, bucked the trend with a substantial gain, while other prominent investors like Vijay Kedia and Madhusudan Kela also reported positive returns.
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign