V Anantha Nageswaran, India’s Chief Economic Advisor (CEA) said that the private sector is conserving its resources rather than investing. While advising the private sector to invest, he said, “Waiting for demand to arise before they start investing will be to delay the onset of such demand conditions happening.”
BofA upgrades Swiggy to buy rating, lists 3 reasons why
Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential