A panel of experts concur , in a discussion on CNBC-TV18, that the outcomes resulting from government initiatives are key to the RBI's withdrawal of measures to reduce liquidity. The experts add that this now puts the ball firmly in the government's court.
In this edition of CNBC-TV18's The Forbes India Show, Eberhard Kern, MD, Mercedes-Benz India says that the six months since he assumed charge were full of challenges such as the slump in overall auto sales and the depreciation in the rupee. Kern adds that his focus remains on profits in the long-term.
Dipan Mehta, member, BSE & NSE says, in an interview to CNBC-TV18, that the market will shift focus from rate-sensitives to exports and advises investors to bet on IT and pharma.