AI's ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the real hurdles, not technology itself. This reality may redirect investment from US tech giants towards infrastructure, power sectors, and emerging markets like China and India, promising sustainable returns.
India's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The bill's omission of open architecture for individual agents is seen as a relief for LIC, which relies heavily on its agent network.
December is turning out to be a difficult month for investors, with the Nifty falling 1.3% so far, and experts see it to be a stock picker's market. ETMarkets has compiled a list of 5 technical and fundamental picks recommended by top brokerages to buy this week. While the technical picks are opportunities to make short-term gains, two fundamental picks are recommended as portfolio stocks. Take a look!
