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● Neutral for Indian equities
An economy built on agriculture needs deeper access to equity capital
The brief
- India’s agricultural growth is expected to rely more on organised businesses, value addition, technology, processing and logistics
- Greater equity access may help Indian agriculture, food processing and logistics companies fund expansion
- Oil rises as Iran holds to Strait of Hormuz proposal rejected by Trump
- Coal stocks worsen as 77 thermal power plants face critical inventories
- Russian strikes kill civilians and hit data centres and logistics targets in Ukraine
- ‘Because they’re dying’, ‘They have no money now’: Trump reveals why Iran wants Strait of Hormuz reopened
- Hormuz Crisis: Iran President Pezeshkian Says Diplomacy, Not Force, Can Reopen Strait