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Policy▲ Bullish for Indian equities
How to tame the dragon: India seeks homegrown brands to take on China
The brief
- The government has drawn up a plan to encourage homegrown players to build mobile brands
- A push for domestic mobile brands could benefit Indian electronics manufacturers
- Oil prices rise as Chinese refiners reportedly ban October fuel exports; Brent crude back above $100
- Chinese refiners suspend October fuel exports, says report: Which other countries plan curbs amid Iran, Ukraine war
- China services growth hits three-month high, private PMI shows
- China factory activity returns to growth in September
- China expects strongest super El Nino event on record this year