Chris Wood trims exposure to Indian equities by 1 point

Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia......

Hong Kong pips India, becomes fourth-largest market

Hong Kong has regained its spot as the world’s fourth-largest market following a broad market rout in Indian equities. Photograph: Lam Yik/Reuters Currently, the Chinese territory’s......

India Inc's biz sentiment has recovered: CII survey

It bounced back from the historic low of 41 recorded in the April-June quarter, during the initial days of the pandemic and lockdown. Illustration: Dominic Xavier/Rediff.com As economic activity......

Economy may contract by 1.5% in FY21: RBI surveys

The survey, however, said that GDP is expected to revert to growth terrain next year, when it is likely to grow by 7.2 per cent. Illustration: Dominic Xavier/Rediff.com Consumer confidence has......