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After a tumultuous few days the market rose this week buoyed by US Federal Reserve s decision to maintain a steady interest rate, a reduction in US bond yields, and stable crude oil prices. However, amidst this recovery, India s manufacturing data for October weakened. Nonetheless, the market received support from good Q2 results.
Deal-based capitalism, as in the case of Singur, seems to have given way to rules-based capitalism, as in the case of the PLI schemes. And Nano s failure may have had a role to play in it
Emphasising the similarities in the style of celebrations as well as language between West Bengal and his state, Gujarat Minister Harsh Sanghavi made a pitch for investment at a roadshow which was part of a Vibrant Gujarat event in Kolkata.