Indian equity valuations, while slightly below historical averages, remain expensive compared to regional peers amid slowing earnings growth. This has led foreign investors to reduce exposure, as India becomes less appealing with weakening nominal GDP growth. Some global fund managers are shifting allocations to cheaper markets like China, Europe, and Japan. Post navigation ‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine GST reset: Centre to keep tabs on key items’ prices
