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If we see, as index has been quite dull, but stock specific action is quite good. So, we have chosen one from the capital space and one from the auto space. So, if we see L&T, capital space has been the outperformer, within that L&T has been our preferred pick.
The Economic Times website tops April Comscore India rankings with 46.6 million visitors, solidifying its position as the leading source for business news.
LIC Chairperson Siddhartha Mohanty highlights significant growth in India embedded value and VNB margins, aiming for further growth. Market seeks clarity on VNB margins. Expectations include a 10% increase in IEV this year. Mohanty further says that in the current year, focus will be on catering to certain segments and a specific product will be designed for those segments.
India is drafting a new competition law to target big digital firms, with a U.S. lobby group urging a rethink to avoid potential business impacts.
DK Joshi, Chief Economist at CRISIL, highlights a shift in household savings towards higher return financial assets like mutual funds and stocks. He expresses concern over the higher borrowing growth rate compared to savings growth rate.