Markets could remain edgy as US elections draw closer

Stock markets may remain wobbly as last week’s sell-off comes on the back of concerns that the main street’s earnings growth does not quite reflect the soaring valuations. Stocks are also feeling the squeeze because liquidity is seeping away. Lately in September foreign investors started intensifying selling leading to ₹1,657 …

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Privatise select PSU banks, dilute role of DFS: Raghuram Rajan

NEW DELHI : Former RBI Governor Raghuram Rajan on Monday suggested the government to privatise select public sector banks, set up a bad bank to deal with NPAs and dilute the role of Department of Financial Services. The reforms are necessary to ensure growth of the banking government without the …

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