A stiff duty on import of solar equipment, effective since April 2022, has triggered a supply crunch in India’s sunshine sector.
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For a country aspiring to be a superpower, with more than 250 million children in schools, India’s reluctance to participate in an international student assessment study is confounding.
Picking Zomato and Jio Financial Services for inclusion in the benchmark index is part of a larger trend where NSE opts for expensive stocks. Meanwhile, cheaper Chinese equities beckon investors.
In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.