FY25 saw record IPO and QIP fundraising, but most capital hasn't fueled new projects. Like FY24, funds largely went to debt repayment, general expenses, or promoter exits via OFS. With private investment still below 11% of GDP, hopes of a capex-driven economic revival remain premature.
Growing up in Bhusawal and navigating an unconventional journey through commerce, CA, and MBA, this fund manager found his passion in equity research. With experience across top mutual funds, he prioritizes quality growth stocks, balanced risk, and investor trust, managing large AUMs with a long-term, disciplined approach.
Copper remains central to the global green transition, with demand rising sharply in Asia, especially China and India. While electrification and EVs drive consumption, supply constraints from aging mines, environmental rules, and geopolitical issues may fuel future deficits. Despite near-term volatility, long-term market sentiment stays bullish.
China is urging Nepal to join the International Organisation for Mediation (IOMed), launched in Hong Kong, to expand its influence in South Asia beyond Pakistan. Chinese Foreign Minister Wang Yi met with Nepali counterpart Arzu Rana Deuba, expressing hope for Nepal's early participation.
Union Finance Minister Nirmala Sitharaman emphasized the government's focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly out of circulation, efforts are underway to encourage digital transfers, highlighted by UPI's record 16.73 billion transactions in December 2024, reflecting India's move towards a cashless economy.
