At 88%, India's market cap-to-GDP ratio is now highest in 12 quarters
The Indian equity market continues to scale new highs, moving in tandem with the upswing in global markets after the election victory of Joe Biden in the US Presidential elections. On Saturday, the combined market capitalisation (m-cap) of all listed and traded companies on the BSE reached a fresh all-time high of Rs 169.3 trillion — nearly Rs 6 trillion higher than the pre-Covid high of Rs 163 trillion. Read More.
Govt plans separate electricity distribution channel for industries
The ministry of power is looking