A Reuters report claims that Indian-made artillery shells were diverted to Ukraine by some European countries.

Two Indian government and two defence industry sources told Reuters that Delhi produced only a very small amount of the ammunition being used by Ukraine, with one official estimat

Indian artillery shells, procured through European intermediaries, have been supplied to Ukraine for over a year. Despite Russian objections, India has neither interfered with nor halted this trade. Source: Reuters,

The U.S. Federal Reserve's decision to cut interest rates will not significantly impact inflows into India, the South Asian nation's Economic Affairs Secretary Ajay Seth said on Thursday. "It's a 50 bps cut from high level so I don't see that making any significant impact on the flows (into India).

Experts rule out a runaway rally, given the steep valuations across large swathes of the market, expecting large caps to outperform broader markets.

The US Fed rate cut of 50 basis points is unlikely to have any significant impact on foreign inflows into India, Economic Affairs Secretary Ajay Seth said on Thursday. He said the US Federal Reserve has done what it assesses is good for the largest economy in the world,