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Kishan Reddy emphasizes the need for indigenous manufacturing in the EV sector to boost self-sufficiency in critical minerals. This initiative aims to enhance India's electric vehicle industry and reduce dependence on imports. By focusing on local production, the government seeks to foster innovation and sustainability in the rapidly growing EV market.
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"Kishan Reddy is driving the charge for a greener future!"
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Small-cap funds have outperformed other equity categories in FY27, achieving an impressive 22.31% return. Mid-cap funds followed with 17.22%, while flexi-cap and large-cap funds lagged behind at 14.06% and 10.52%, respectively. Investors are increasingly turning to small-cap options for higher returns, making them a hot topic in the investment landscape.
Large caps may be ready for a stronger run as small and mid-caps fade. A new report highlights six reasons, including economic growth and attractive valuations, urging a balanced investment strategy.
India's credit growth is soaring, with eligible borrowers rising from 34% in 2017 to 74% in 2026. Women, younger borrowers, and non-metro regions are key drivers of this trend. This significant increase highlights the evolving financial landscape in India, showcasing a shift towards inclusivity in lending practices. As more individuals access loans, the economic impact is expected to be profound.
Gold and silver prices are set to fluctuate as investors await crucial US economic data. Key indicators like non-farm payrolls and purchasing managers' index will shape market sentiment. Additionally, developments in the US-Iran conflict and crude oil supplies are expected to impact trading ranges, with analysts predicting gold prices between Rs 1.40-1.44 lakh per 10 grams.