New launches are going to play a big role in Reckitt Benckiser's growth and the company is betting big on the government's Swachh Bharat programme.
The Asian Development Outlook 2015 projected Emerging Asian economies to clock average 6.3 percent growth in both 2015-16 and 2016-17 fiscal, as in the current financial year. The growth would be supported by a strengthening recovery in the major industrial economies and soft global commodity prices.
Sakthi Siva of Credit Suisse continues to be bullish on the Indian equity markets and expects strong fund inflows into equities. “We believe there is still rather large gap between the equity market price index and the level of earnings. For the Asian region as a whole, that gap is north of 20 percent,†she said in an interview to CNBC-TV18.
With barely 48 hours left for India-ASEAN summit, intense negotiations are on to iron out issues pertaining to finalisation of trade pact, with officials here maintaining that some of the differences have been "narrowed".