At a time when the economic scenario is being furiously debated, conventional wisdom may incline the decision maker to making a choice like ‘either Growth or Fiscal consolidation’, but notwithstanding the tough task at hand, a truly visionary leadership will need to pursue both growth and fiscal consolidation simultaneously.
Monetary easing will aid the government's effort to accelerate economy's growth engine as quickly as possible- Nirmal Jain
Post actual results of polls on May 16, depending on the outcome, there will be volatility. But soon after, the markets will again focus on macroeconomic fundamentals, which we believe are improving and that is the basis of the rally over the next three-five years.
Entrepreneurs' decision to invest is based on expectations of profit and not on actual profit itself, which is why it is important for the government to revive sentiment, Nirmal Jain says.
When I was in school, bureaucracy, or getting a job in the government especially the IAS was the 'Dream Job'.
For those interested in buying jewellery, there is no right time to do so. Whenever you can afford it, walk into the nearest jewellery shop, buy and indulge yourself.
Raghuram Rajan’s CEO kind of approach, with set target of achieving things is a welcome sign. The debate is now whether the system will let him deliver or whether he too will fail the system test. History will judge him by what he does over a three-year period rather than the way our market reacts over a week.
If rupee does not depreciate – you can easily make what in trading terms is called arbitrage profits. There may be times when arbitrage is possible but not always. Else the world and his father will borrow dollars at 2% or even lower and invest in Rupees at 8% and make safe returns.
As a matter of fact, most of the foreign banks globally and in India, too, employ kin of policy makers and government officials with generous compensation
NSE Nifty may drift towards 5,000 levels on falling market multiples and earnings downgrades.
Resolutions in NCLT accounts, lower residual stressed assets and enhanced income recognition and provision write-backs through to ...
Buy Reco. Price: 286
Revival in retail mortgages and corporate lending business, are likely to drive income for the core mortgage business. The core ...
Buy Reco. Price: 2,125