Tensions over Ukraine and its implications for oil and gas supplies and rising inflation and threats of tightening liquidity are impacting stock valuations in India, even though an economic recovery is still in progress and the pandemic is easing its grip. India, which was among the best performing markets of 2021, could experience one of the more extreme corrections as sentiment changes. The top edit outlines the future pressures. Read it here
Nitin Desai says raising the tax-GDP ratio is the most effective way of financing rising revenue expenditure. Read it here
Tamal Bandyopadhyay