The BSE benchmark, Sensex, hit a new high of 42,273.87 on January 20. It ended February at 38,297.29 points, down close to 10 per cent. While equity investments by nature carry moderate to high level of risk, the last week of February was almost a oneway drive to the bottom across most major global markets. The biggest worry was that the Covid-19 outbreak would disrupt global supply chains and impact the economic growth.
India has a few confirmed cases, and investors remain concerned about a rapid spread. And, as Chinese exports to India include everything from automobile components to electronics, consumer goods, textiles and chemicals, the outbreak there is bound to affect Indian companies. “Decline in Chinese export capacity will impact India’s output and exports from these sectors,” said Rahul Singh, chief investment officer (equities) at Tata Mutual Fund.
Diese Geschichte stammt aus der March 15, 2020-Ausgabe von THE WEEK.
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Diese Geschichte stammt aus der March 15, 2020-Ausgabe von THE WEEK.
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Pressure Points
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War Over Wounded Earth
For the BJP andthe Congress, the ravaged farmlands of Vidarbha represent a cxitieal battleground in their larger struggle to win Maharashtra
Say no to continual elections
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Fabulously, fashionably funny
The third season of the Karan Johar-produced Fabulous Lives of Bollywood Wives dropped on Netflix, but articles criticising the show appear in some news site or the other almost daily. If it is so bad, why keep writing about it? And if it is so bad, why would the superpowers at Netflix, who are harder to meet than the prime minister, commission the show season after season?
All in the family
The Chitaras have been passing down the secret art of Mata Ni Pachedi through generations for more than 400 years now
Raise a toast to Vidya Balan
Vidya Balan is a New Year baby. At 45, she is aglow in the most beautiful way, having won the hearts and admiration of countless fans across the world, who watched the supremely talented actor take a public tumble on stage at a high-profile promotional event recently, sharing the platform with no less a dancer than the eternally graceful Madhuri Dixit.
Death no bar
Being alive is not a legal requirement to be elected president of the United States
The Lotus POTUS
You should visit us one of these days— there is so much excitement in our USA! No, I don’t mean the famous USA—the Ulhasnagar Sindhi Association of Mumbai.
RAY OF HOPE
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LEVERAGE AI TO ENHANCE WORK
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