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Sumit Bhatnagar of LIC Mutual Fund AMC asserts India's growth story remains intact despite FII selling, viewing current corrections as healthy entry points for long-term investors. He highlights the US Fed rate cut's potential to boost liquidity and FII inflows, while DIIs provide market resilience. Bhatnagar favors domestic growth sectors and sees gold as a strong hedge amid global uncertainties.
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Shell CEO Wael Sawan says liquefied natural gas will be the company's main contribution. He believes LNG helps reduce global emissions. Sawan expects strong demand growth for the fuel by 2040. Shell plans new LNG projects worldwide. The company evaluates a second phase for its Canada facility. A final decision depends on market conditions.
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North Korea and China's foreign ministers agreed to deepen bilateral ties and resist hegemonism, following a recent Kim-Xi summit and a joint appearance with Putin. Both nations expressed a desire to strengthen cooperation against unilateralism, likely targeting the US. This move comes as North Korea seeks to improve relations with its key benefactor, China, amidst global shifts.
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