China’s so-called anti-involution campaign has driven a structural reset in the local economy, and for India, this opens up opportunities across commodities, renewables, chemicals and EVs.
The investment firm remains bullish on India’s domestic consumption story despite elevated valuations, according to Gaurav Trehan, head of Asia Private Equity and the chief executive officer of the India business.
In the just-concluded fiscal year, ICRA upgraded two entities for every entity downgraded, in continuation of the upgrade momentum that had been set in motion in FY22.
The International Monetary Fund (IMF) on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world.
Past economic cycles have shown that a global slowdown can, with a lag perhaps, have a “knock-on” effect on the domestic capex cycle
Composite materials or fibre-reinforced plastics help in circular economy as these are manufactured by combining multiple materials with different properties.
India is the only pack in emerging markets which has a domestic consumption story building on its own, independent of volatility from global news, according to Sundaram Mutual Fund CEO Sunil Subramaniam.
If the Indian government delivers on the reform processes, Indian markets will perform exceptionally well to touch new highs, says Dharmesh Mehta, MD & CEO of Axis Capital.
The Indian economy is looking in much better shape than it was, say, six months ago and both the consumption and investment engines are picking up, says Neelkanth Mishra of Credit Suisse.
"This is a good year for coffee production, which is expected to be 3,80,600 tonnes. Of this, Robusta will be 1 lakh tonnes and rest will be under Arabica," Coffee Board of India Chairman Leena Nair, who was here for the 5-day India International Coffee Festival, told PTI.
Nilesh Shah, MD and CEO of Envision Capital, says the only asset class that can outperform equities is fixed income in the next 3-6 months, more so in India if the Reserve Bank lowers rates
At the moment, the environment is such that valuations are still high and no economic recovery has been seen on the growth. At the same time, fund flows are good, but earnings growth assumptions need to be more realistic, says Anand Tandon
Business needs an enabling environment from government. But the relationship between government and business has fallen to a new low. This needs fixing
Investors waiting for India to become China 2.0 may be disappointed with its path but not its returns
As Beijing commits itself to increase domestic consumption in the wake of slowing Western demand for its exports, analysts at Goldman Sachs say Chinese authorities will pursue a more "proactive" fiscal than monetary policy to stimulate the economy.
World Bank Chief Robert Zoellick has asked the Chinese government to hasten planned structural reforms to shift the focus of its export-driven economy toward domestic consumption-led growth as the global economy entered a "new danger zone" this autumn.
The government is busy in "non-stop meetings" amidst indication by a top official that "something is coming" to deal with impact of the global financial crisis on the industry, particularly exports.
Reliance ADA Group, a leading Indian conglomerate, will invest between USD 5 billion and USD 10 billion in mining infrastructure in Indonesia.
The country's sugar output rose by over 16 per cent to 13.4 million tonnes in the first four-and-half months of the 2010-11 crop year, as against 11.5 million tonnes in the year-ago period.
Philip Poole of HSBC is positive on India. In an interview to CNBC-TV18, he explained that a changed sentiment and clearly having attracted so much flow in 2010 are the reasons why India has been underperforming.
China's economy grew by around 10% in 2010, with retail sales up 18.5%, showing that it is now relying more on domestic consumption, Vice Premier Li Keqiang said in remarks published on Saturday.
Vivek Mavani of Brics Securities expects the markets to remain ragebound for the nex few months. "One has to look at stocks specific as well as sector specific in terms of buying opportunity," he advised.