"I disagree with the notion that SIPs and domestic equity investors are what creates a negative in that foreign investors will leave," he said in a post on X.
The Padma Vibhushan was also awarded to renowned violinist N. Rajam in recognition of her outstanding contribution to Indian classical music and her role in popularising the violin tradition in Carnatic and Hindustani music.
Long-term competitiveness will depend not only on compute infrastructure and regulation, but also on workforce readiness, federal coordination and widespread adoption of AI across the real economy.
According to Basant Bafna of Mirae Asset Mutual Fund, the 'barbell' strategy broadly involves allocating money at both ends of the duration spectrum rather than concentrating investments in the middle.
While the JB Pharma acquisition strengthens Torrent's India franchise and medium-term growth visibility, current valuations largely factor in the near-term earnings and synergy benefits, says Nirmal Bang