BofAML said the market impact of the budget has been reducing since most reforms, such as the recent rail fare and freight increase, don't wait for the budget.
Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch.
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 crore. Under the deal, Axis acquired consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.
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GEM fund managers more overweight on India than ever before says Bofa-ML report.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
Only three of India's 45 commercial banks have cut base lending rates since the Reserve Bank of India's surprise easing this month, hurting the government's drive to lift business investment.
To provide exporters/importers greater flexibility in risk management, RBI enhanced the limit available to exporters to 50 per cent
He is the man behind Blackstone's India strategy
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
Analysts expect the indices to dip further if the global macros do not stabilise
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?
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