A normal monsoon this year is expected to provide 20 per cent boost to the income of farmers, whose debt leverage has touched 22 per cent following two years of droughts, domestic brokerage JM Financial has projected.
Vaibhav Sanghavi, MD of Ambit Investment Advisory expects more outflows from emerging markets, going ahead
The Reserve Bank of India has trouble guiding the economy because so little of the population is connected to the financial system.