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Bearish on FMCG, things improving for infra: Prashant Jain

In an interview with CNBC-TV18‘s Latha Venkatesh and Sonia Shenoy, Prashant Jain, Executive Director & Chief Investment Officer, HDFC Mutual Fund said the economy was close to bottoming out, and both interest rates and inflation have peaked.
N Africa, Mid-East crisis hurts Indian infra, cap-goods cos

The political unrest blowing across North Africa and the Middle East has stalled projects of many Indian infrastructure and capital goods companies and knocked their shares to new lows.

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