Calendar 2023 so far has seen volatile markets and a sequence of unusual market-related events. Investors are turning increasingly cautious because of rising interest rates, high inflation, and projections of slower growth. In this regard, our lead editorial notes that broader market valuations could correct until a new equilibrium that adequately discounts higher interest rates is reached. Read here
In other views:
On the approach adopted at the recently concluded 85th Congress Party plenary at Raipur, our second editorial notes that it is hard to see why the Congress is expecting a different result by doing the same thing