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Analysts anticipate FPI flow to remain a key driving force in the near future. Notably, interest rate hikes in the US to combat inflation may have reached a peak. Consequently, emerging markets like India are seeing a surge in capital inflows
India’s automobile industry got the new financial year off to a stable start, overcoming apprehensions whatsoever over the implementation of Phase 2 of the BS6 emission norms, which kicked in from April 1st. The month’s overall vehicle sales data is in, and is a healthy 13 percent compared to April last year