Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Raghuram Rajan's 'surgery' uncovers more bad loans
Rising bad loans continued to haunt public sector banks (PSBs) in the March 2016 quarter.
Baba businesses are sprucing up their act as they expand product portfolios and enhance brand image
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
Premium valuations and lack of big triggers will weigh on Indian equity markets in the near term, believes Mahesh Nandurkar, India Strategist, CLSA.
'We are at a time and position that we do not need higher number of visas.'
Banking and telecom will see the highest impact of this transition.
Most positives seem to be factored into current valuations.
Currently, 40 per cent of the front and back panel of cigarette packs is covered with warnings.
The gains will be gradual as the measure will be executed over 12 months or so.
Existing bank deposits will continue with past rates until renewed on maturity.
'The focus is more on the outlook for global growth'.
'Markets should be driven more or less by earnings growth.'
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
Stellar results compared to TCS led to reversal of valuation discount.
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals