he 2014 electoral verdict has bolstered investor confidence and raised hopes of economic revival, apex banks says in its monthly Bulletin
Board has also accepted the resignations of Marans.
Solar equipment manufacturing, however, is unlikely to pick up in India as Chinese imports are more cost-effective
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
This was the companies' highest loss in two years.
Our break-even level has come down and we expect the cost structure to improve further, says the Suzlon chief.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
Monsoon is expected to be normal in June.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
The better performing states throw up more employment opportunities including at unskilled levels.
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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