As the market has sharply moved up in the last four-five days, the focus could shift back to defensives like IT and pharma in the near term, says Siddhartha Khemka, Head of Retail Research, MOFSL.On SBI& the PSU banks State Bank of India( SBI) has put up a very strong …
Read More »2020: Indian pharma ‘sunrise’ segment, prognosis positive for healthcare sector
NEW DELHI: Nourished by increasing spending, improving accessibility and growing exportations, India’s pharma and healthcare sector is poised for another year of robust proliferation even as pricing and cost headwinds could force players to pause to catch breath. The next ripple of growing could come from increasing exports to large …
Read More »IMF gives Modi government one more reason to worry
Washington: International Monetary Fund( IMF) on Thursday said that India’s economic growing is “much weaker” than expected due to corporate and ecological regulatory uncertainty and “lingering weakness” in some non-Bank financial corporations. “Again, we will have a fresh decide of numbers come through here but the recent economic growth in …
Read More »The Sept GDP math doesn’t spell good news for Modi govt
New DELHI: India’s economic growth fell to a worse-than-expected 7.1 percentage in the July-September quarter, dragged down by a slower consumer spending and farm growth, in a setback for Prime Minister Narendra Modi who are suffering from a national election by May.India’s growth is still faster than China’s 6.5 percentage …
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