For the first time in eight quarters, Indian corporates’ aggregate revenue could see a decline as demand slowed and commodity prices fell, but profitability may improve marginally as raw materials prices eased, said Crisil.
RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India’s external sector is robust, and the current
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not
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