Foreign institutional investors have significantly reduced their allocation to India’s top blue-chip stocks, nearly halving their exposure in the last four years. This shift is part of a global capital reallocation, with India losing ground to markets like Taiwan and South Korea, driven by AI-led investment narratives.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend