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The Nifty Auto index was down over 2%, with Bajaj Auto and Hero Moto shares falling around 3% each, while Maruti Suzuki and Mahindra & Mahindra were about 2% lower. Analysts expect the auto index could decline by an additional 10-15% from current levels.
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News and Media
Neelkanth Mishra explains the current state of the Indian economy, suggesting that the worst phase may be over. However, a recovery requires increased fiscal spending and monetary easing. Mishra highlights slow government spending and weak credit as concerns, but notes potential improvements with real estate and power investments. Monetary easing might begin around April.
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News and Media
Pope Francis has faced the challenge of clerical child sex abuse since becoming the Catholic Church's head in 2013. Despite key measures like mandatory reporting and accountability, victims demand more action. Controversies, resignations, and mixed records persist, but significant steps include defrocking clergy and international summits addressing issues.
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News and Media
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