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US lawmakers are increasingly concerned about the reliance on Chinese-made drones, citing espionage and commercial threats. A potential ban looms, impacting various sectors from farming to law enforcement, as users highlight the superior affordability and performance of Chinese drones compared to American alternatives.
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Bharat Global Developers' shares fell 5% after SEBI suspended trading and banned promoters due to concerns over financial disclosures. The companys stock surged 2,304% in a year, with suspicious financial changes and management actions.
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In the Indian context, we have had a growth slowdown due to various reasons, tight liquidity followed by various restrictions by the RBI on credit flow which obviously restricts economic growth, then the elections, heatwave, delayed monsoon, so I think there were a lot of factors at play and lower wage growth relative to inflation has also impacted consumer sentiments. Now, some of these things are likely to moderate in 2025.
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