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Top Headlines: Brokerages turn cautious on India, business travel takes off

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Photo: Bloomberg

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Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions

Brokerages turn cautious on India amid concerns over pricey valuations

Foreign brokerages have turned cautious on India amid concerns over pricey valuations and earnings delivery. In the past one week, at least three brokerages have recommended their clients to consider a higher exposure to other markets such as China and Indonesia, which have hugely underperformed India this year. Read more

HDFC Bank to ICICI, 8 banks recast exposures worth Rs 27,000

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