News Snapshot:
An anomalous situation exists today. Experts admit that Indian stock markets are defying gravity in the midst of a near crisis-like global economic and jobs situation due to the disruptions in global supply chains created by Xi Jinping’s ‘zero Covid’ policy in China, the ongoing Russia-Ukraine war, and the universal need to counter climate change. Illustratively, the UK/EU are reporting recessionary trends. While the US economy is still buoyant (despite earlier contrary forecasts), the latter half of 2022 has been dominated by news of large layoffs in US tech companies, including at Facebook, Amazon and Google. Over one lakh layoffs...
