Donald Trump and Vladimir Putin met in Alaska to discuss a potential ceasefire in Ukraine, with Trump aiming for a peace deal to boost his global peacemaker image. Putin offered a possible nuclear arms control agreement, seeking relief from Western sanctions.
Sonam Srivastava outlines aligning investments with India's self-reliance vision for financial independence. The focus is on sectors like defence, renewables, and digital infrastructure, crucial for economic strength. Investors can balance domestic support with global opportunities, manage risks, and celebrate Independence Day by strategically allocating to sectors driving India's growth.
Bonds can provide stability, steady income, and diversification to shield portfolios from market volatility. With inflation easing and potential rate cuts ahead, locking in higher yields now can secure returns, reduce risk, and offer investors the financial freedom to pursue long-term goals.
Despite RBI's confidence in maintaining a 6.5% GDP growth for FY26 and projecting 6.6% for Q1 FY27, HSBC Mutual Fund's Shriram Ramanathan expresses caution. He acknowledges tailwinds from rural consumption and resilient services but notes concerns about urban discretionary spending and tepid private capex. Ramanathan emphasizes the need for policymakers to balance growth confidence with macro stability amid global uncertainties.
The U.S. has suspended live cattle imports from Mexico due to concerns about the New World Screwworm, a flesh-eating parasite found in southern Mexico.
