Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
How bridge keeps corporate India sharp and quick-witted.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
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