Morgan Stanley Sales & Trading, US, believes the stock is better value for money than others and has a upside as high as 73 per cent. A slowdown in the economy has hit demand and led to a fall in overall consumption in an auto market which till recently was one of the fastest growing in the world.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
The country's new economic roadmap highlights the importance of creating a virtuous cycle of investment, savings and exports in order to sustain rapid economic growth over the next five years.
The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
World Bank says India has bright prospects.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Dayakar Pushkoor, founder partner of Naya Ventures, an early stage venture capital firm, lists what young aspiring entrepreneurs should know and do before they start-up and how they can raise money from VCs.
Will the next generation possess an even more internationalist outlook, and lose their Indian identities entirely? Will they continue to believe in a larger role for business in society and go beyond the boardroom to truly understand the Indian consumer, ask Geoffrey Jones & Vinay Sridhar of Harvard Business School.
'India has benefited from lower oil prices and remains the fastest-growing large economy in the world.'
The country's near-term outlook hinged on a benign inflation trajectory, uptick in industrial activity and falling crude oil prices
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India's economic growth slipped to decade low of 5 per cent in 2012-13 and in the current fiscal it estimated to be around the same level.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
Economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing sector.
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
'There are different kinds of risk.' 'It is a very powerful value. Your ability to de-risk the risk is also as important for risk taking.'
'That the two sides allowed such a situation to arise exposed the level of inaction and inefficiency in China-India border management.' 'The Modi-Xi meeting in Xiamen initiated a process to to avert such contingencies in the future.'
Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.
The economy is projected to clock 7.4 per cent growth.
'In 2016, we had De-Mon and in 2017, we had GST.' 'The combined impact of these two started showing up in 2019 and 2020.' 'COVID-19 only added insult to injury.'
If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.
Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial stability of emerging markets and called for sound policies to address it.
According to the report, Russia tops the table with 6,375 warheads, followed by the United States with 5,800, and the United Kingdom with 215 warheads.
The government has promised to keep the deficit at 4.1%
Bank of Baroda ended flat after sharp gains in the previous session.
Indian govt is trying hard to get global investors to invest in the country.
ArcelorMittal on Thursday reported a net loss of $728 million for the first quarter ended March 31
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
Moody's said India's current account deficit (CAD) has narrowed significantly from 4.8 per cent in 2012 to 1.4 per cent in 2014.
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
Moody's expect RBI to hold policy 'repo' rate steady to have a neutral stance in this growth
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
The euro skidded to a 6-week low of 133.700 yen in the early session.
