Aswath Damodaran warns that as global markets shift inward and politics reshape economic rules, India may face more resistance to growth than China did. He attributes this to a changing global environment post-2008 financial crisis, marked by a backlash against globalization and rise of nationalist movements. Damodaran emphasizes the impact of these shifts on company valuations, citing Tesla as an example of how changing narratives and political factors can affect stock prices.
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'Living in harmony is our culture': Bhagwat as RSS marks 100 years
Rashtriya Swayamsevak Sangh chief Mohan Bhagwat emphasized the shared heritage of Indians, stating that their DNA has remained constant for over 40,000 years, and underscored the importance of harmony and unity in diversity at the "100 Years Journey of RSS" event in New Delhi. He called for social transformation to elevate India to its rightful place as a "vishwaguru," expressing disappointment in the nation’s progress since Independence and advocating for collective effort in achieving national...
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