On Episode 397 of The Core Report, financial journalist Govindraj Ethiraj talks to Devendra Kumar Pant, chief economist of India Ratings & Research.

SHOW NOTES

• (00:00) Stories Of The Day
• (01:00) Markets hit highs for 5th consecutive session, more mutual funds switch to cash
• (03:52) Global stocks are not enthused by China’s bold stimulus moves
• (04:51) India needs FDI in manufacturing, says ADB
• (05:57) India is finishing up with a strong monsoon, how good was it, economically? The 100 hour concept
• (13:54) Hyundai’s Rs 24,000 crore IPO is revving up. What will it do to the market?
• (16:18) An Italian bank raids a German bank and hell breaks loose

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