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Best of BS Opinion: Reason for hope, Delhi s mismanagement, and more

For all those who have not lost hope for this country, one can do no better than draw attention to the expansive, big-picture change spelt out by Neelkanth Mishra, India Strategist for Credit Suisse, in his four-part article for this newspaper, published sequentially on April 5, 14, 21 and 29. The opening piece was entitled India s changing corporate landscape , notes Joseph Stiglitz and Lori Wallach argue that the scarcity of Covid-19 vaccines across the developing world is largely the result of efforts by vaccine manufacturers to maintain their monopoly control and profits. Pfizer and Moderna, the makers of the extremely effective mRNA vaccines, have refused or failed to respond to numerous requests by qualified pharmaceutical manufacturers seeking to produce their vaccines.

Away from Covid mess, there s another side to the India story And it s cause for hope

Away from Covid mess, there’s another side to the India story. And it’s cause for hope Amid the pandemic that has gripped the country, India is in need of good news, or at least something else to think about. This might help. TN Ninan 8 May, 2021 8:32 am IST Text Size: A+ India needs good news. Amidst the fear of the pandemic that has gripped the country, and the larger horror of not getting medical help if needed, Yeats’s foreboding seems to have become reality: “Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world”. So, yes, the country is in need of good news, or at least something else to think about. For all the grotesqueness of multiple ambulances waiting in readiness for cricketers taking part in the Indian Premier League (IPL), while they were in short supply for the actual sick and dying or dead, cricket did provide a form of escape, something else to think about. More seriously,

Analysts remain bullish on small-caps despite index hitting record high

Small-cap stocks have been on a roll since the past few months with the S&P BSE Smallcap index hitting a record high of 20,290 points in Thursday’s intra-day trade. The index surpassed its previous high of 20,183 touched on January 15, 2018 in intra-day deals. Despite the index hitting record levels, analysts see more headroom for the stocks in this segment as the economic recovery gathers steam, which they believe, should be beneficial for companies in the mid-and small-cap space. Moreover, the accommodative stance of most global central banks amid low interest rates will ensure that money continues to flow into emerging markets (EMs), including India. Though there can be an intermittent correction, stock selection will be key, they say.

Nationalism, resilience and a digital push – the Indian economy s defining factors

Nationalism, resilience and a digital push – the Indian economy s defining factors
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Retail investors in driver s seat; dwarf FII flow into mkts in 2 yrs: UBS

Your Email: Send me a copy: https://mybs.in/2ZbN3R1 The share of client participation in capital markets at the NSE for individuals rose to 46 per cent in fiscal 2020-21 (FY21) on YTD basis, as compared to 39 per cent in FY20 Foreign investor flows – considered to be the movers and shakers of equity markets – have taken a backseat over the past couple of years with retail investors now being in the driver’s seat, suggests a recent report from foreign brokerage firm UBS. The report is based on a survey done in November 2020 that was focused on urban consumers with an average income of Rs 95,000 per month.

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