Chetan Ahya, Chief Asia Economist, Morgan Stanley, says it looks like the urban economy or the urban consumption which had led the initial recovery, is the one which is slowing. …
Ajay Bagga, Market Expert, says the rural economy coming back is the bigger story. For banks, the issue is twofold. One is there is going to be a NIM compression …
Smart money has recently shifted toward fast-moving consumer goods (FMCG) and consumption-related shares, with global macroeconomic volatility in the shape of weak US economic data, a declining Yen, and rising …
India Ratings and Research expects vehicle financiers to increase the share of used vehicles in their overall vehicle asset under management (AUM). This is because the rising new vehicle prices, …
“The next important signpost, of course, for the market would be the 100-day plan and of course the budget which will show us the way forward. But I think all …
The India Meteorological Department (IMD) announced its stage-2 long-range forecast for southwest monsoon 2024. It has retained its outlook of an above-normal monsoon this year. It expects rainfall in the …
Auto major Mahindra and Mahindra has cut its forecast for the domestic tractor sales for the industry for FY24 citing weakness in the rural economy. Against its earlier forecast of …
Sanjiv Puri, CMD, ITC, says the Indian economy and even rural India has been very resilient. The infrastructure that has been created, the connectivity, focus on housing and digitisation, the …