Whalesbook
Chief Economic Advisor V Anantha Nageswaran criticized IPOs used for exits rather than fundraising, urged banks to be bolder, and warned against celebrating misleading economic indicators like market capitalization. SEBI Chief Tuhin Kanta Pandey outlined a priority to double India's investor base and highlighted the growing role of domestic investors in shielding the market from global shocks. Both spoke at a CII summit, emphasizing the need for robust domestic institutions and caution against global economic volatility, including potential impacts from an AI boom bust.