Indian debt and liquid funds have had a difficult run in the past few years, from high-profile defaults leading to sharp markdowns in liquid funds, to closure of Franklin Templeton (FT) schemes last year. In response, the Securities and Exchange Board of India (Sebi) has come out with a few measures for better management of liquidity, including the recent proposal on swing pricing. Are these enough? Are there other ideas for better liquidity management?
Can the defence sector continue firing after 100% gains?
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