Foreigners sell record haul of Indian assets due to coronavirus

Foreigners sell record haul of Indian assets due to coronavirus

Foreign investors sold a record $16bn of Indian stocks and bonds in March as the economic tumult caused by coronavirus prompted a flight from emerging markets. The selling by overseas investors came during a dire month for India’s financial markets. The Bombay Stock Exchange’s Sensex index fell 23 per cent in March to its lowest […]

Indian bank implosion threatens to wipe out bondholders

Indian bank implosion threatens to wipe out bondholders

Indian authorities’ takeover of one of the country’s largest private banks could wipe out more than $1bn in high-risk rupee bonds, dealing a blow to the mutual funds that piled into the market and leaving other lenders struggling to raise money.The Reserve Bank of...
Luxury’s Hidden Indian Supply Chain

Luxury’s Hidden Indian Supply Chain

MUMBAI, India — At the top of a staircase covered in dirt and sequins, several dozen Indian artisans hunched over yards of fabric, using needles to embroider garments for the world’s most powerful fashion brands.They sewed without health benefits in a multiroom...
a hundred Most Well-known Indian Businessmen

a hundred Most Well-known Indian Businessmen

Greatest On-line Enterprise Schools? Are you seeking to additional your research while still working? Then you’re higher off taking a business degree. This is the case just because business courses are extremely transferable within the modern-day job market....