“India has been taking advantage of these somewhat better global developments. I should mention, however, for many developing countries, that conditions are still harsh. That includes the high price of food and energy and fertiliser, which makes agriculture so challenging for many developing countries,” David Malpass said.
Madhusudan Kela’s portfolio: 7 stocks rally up to 135% in CY26
Madhusudan Kela’s disclosed portfolio of 19 stocks was worth about Rs 2,665 crore as of August 14. Seven holdings gained 10–135% in 2026, while five