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Indian Congress calls for stricter financial market rules and SEBI reform amid over-financialization concerns.
The Indian National Congress party has called for stricter regulation of the country's financial markets and a major reform of SEBI, the market regulator, in response to concerns about over-financialization.
Uday Kotak, from Kotak Mahindra Bank, warned that this trend could harm the economy as investors move savings into equities without understanding valuations.
The Congress party also stressed the need to focus on global manufacturing to establish India's presence in the tech sector.
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El Congreso de la India pide reglas de mercado financiero más estrictas y reforma de la SEBI en medio de preocupaciones de sobre-financieralización.