Until recently, the power sector was among the most celebrated themes in the Indian equity market. Over the past five years, it delivered outstanding returns, leaving investors highly optimistic.
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The Kargil War (May–July 1999) was the most significant of these conflicts.
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Market participants had braced for subdued numbers amid rising macroeconomic concerns and global uncertainty.
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Currency depreciation affects NRIs in multiple ways. While a weaker INR can make remittances more valuable when sent back to India, it may reduce the value of investments in India when converted back to the NRI's home currency.
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As I pen down this preface, the story of India Public Sector Undertakings
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