Posted inIndia

Indian economy reels as stock market hits new high

India’s economy contracted by 7.5% in the latest quarter as the nation struggles to recover from large-scale disruptions in manufacturing, services and supply chains caused by Covid-19 and associated lockdowns. But that’s not putting off investors, as foreigners pump up India’s stock markets near all-time highs. Foreign portfolio investors bought more than US$8.13 billion worth […]