Seth R. Freeman observes that global markets are navigating persistent uncertainty driven by U.S. developments and a changing world order. He highlights risks stemming from shifting investor and consumer sentiment, potential policy impacts like credit card rate caps, and the continued influence of Donald Trump. Freeman suggests emerging markets, particularly India, are poised to benefit from these dynamics.
IIFL nosedives 17% after receiving income-tax notice
IIFL Finance shares plunged 17% despite a 20% profit rise after receiving an income-tax notice for a past block period. The company deposited ₹1.47 crore