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Jefferies Chris Wood warned that Wall Streets AI-driven rally could end in a massive overinvestment bust as hyperscalers ramp up $350 billion in AI capex. He cautioned that stretched valuations and retail-driven buying may trigger a sharp correction once sentiment shifts.
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News and Media
Sanjay Bakshi, also known as Fundoo Professor, has criticized India's sovereign gold bond (SGB) scheme, deeming it a flawed government borrowing program. He points to the high effective borrowing cost, exceeding 19% annually, and the lack of risk management. The scheme, designed to curb gold imports, has turned into a costly liability for taxpayers.
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News and Media
MCX shares rose sharply after Sebi Chairman Tuhin Kanta Pandey signalled plans to let banks, pension funds, and FPIs participate in commodity trading. The move is expected to deepen markets, boost liquidity, and drive higher institutional participation in exchanges like MCX.
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News and Media
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