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Fastest market rebound since 2003 invites scepticism for Indian stocks

The fastest rebound in Indian stocks in nearly two decades has some investors wondering whether the foreign-buying powered momentum can continue amid global volatility. The NSE Nifty 50 Index has surged more than 14 per cent from a mid-June low as overseas investors turned buyers after months of withdrawals. That drove …

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India to be fastest growing economy this year: Government source

NEW DELHI: Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday. While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. The government, the …

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