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Ambuja, Ultratech top cement bets as long-term tailwinds emerge, says NomuraNomura favors Ambuja and Ultratech Cement due to improving spreads, rising demand, and easing fuel costs. Large caps with sustainable cost-...- Income down, debt up: Saurabh Mukherjea gives three reasons why India's middle class is facing a major crisisIndia's middle class is facing economic challenges. Stagnant incomes, job losses due to automation, and a cyclical economic slowdown are ke...
- Supply chain diversification could help India and other emerging markets: FitchIn its report last month, Fitch projected the Indian economy would grow 6.3% in FY24 and maintain a 6.5% growth rate until FY28. It had als...
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