“If over the next 5-10 years India becomes the third largest economy in the world, most of our companies would be subject to a lot more scrutiny. We saw that time and again, some of these short sellers come and write reports on Chinese companies. Some of the reports were true, some were sensational. Market took it in stride and wherever the reports were true, the stocks got impacted.”
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this