Global Weakness

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HSBC says 8% GDP growth will take 3 yrs, cuts FY14 forecast

Leif Eskesen of HSBC believes lack of implementation of reforms and lingering global weakness led to a cut in the growth forecast to 5.5 percent for FY14
Souring bank loans, car sales fuel India economic gloom

India's economic gloom deepened on Wednesday as worsening loan quality at State Bank of India (SBI) rattled investors, Moody's downgraded its outlook for banks, and October car sales skidded 24%, their worst drop in over a decade.
Global headwinds will bring further weakness: Quantum AMC

IV Subramanium, director, Quantum AMC tells CNBC-TV18 that any decline in the market henceforth will provide new opportunities to add to the portfolio. "We are still positive on banking and consumer discretionary, but not on engineering and infra space," he says.

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Global Weakness

HSBC says 8% GDP growth will take 3 yrs, cuts FY14 forecast

Souring bank loans, car sales fuel India economic gloom

Global headwinds will bring further weakness: Quantum AMC