Financials outperformed world over, but underperformed in India

New Delhi, May 26 (IANS): Despite quality names and an end to a multi-year painful credit cycle, financials have underperformed year-to-date (YTD) in India, possibly due to the uncertainty over economic normalisation due to the second wave of the Covid-19 pandemic. As per a note by foreign brokerage CLSA, financials outperformed country benchmarks in 14 of… Continue reading Financials outperformed world over, but underperformed in India

Business confidence improves in India: NCAER survey

New Delhi, Feb 7 (IANS): As economic activities pick up and vaccination drive gathers pace the business confidence in the country has improved, showed a survey by National Council of Applied Economic Research (NCAER). The NCAER Business Confidence index (BCI) rose 29.6 per cent on a q-o-q basis during the third quarter of FY 2020-21. “The… Continue reading Business confidence improves in India: NCAER survey

Most people expect global economic revival in 2021: Survey

New Delhi, Jan 7 (IANS): Majority of the people in India and globally expect the global economy to revive and emerge stronger in 2021, according to the Ipsos Predictions 2021 Survey. An Ipsos statment showed that at least three in four urban Indians (76 per cent) and one in two global citizens (54 per cent) predict… Continue reading Most people expect global economic revival in 2021: Survey