China’s road to recovery could be lengthier
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.
We are looking at increasing our India portfolio to four products in two years, says its India head Rajeev Chaba.
The Monetary Policy Committee meeting minutes reveal that its members were bogged down by rising inflation and slowing growth, which could mean status quo going forward.
Rusmik Oza of Kotak Securities shares investment themes and outlook for markets and the economy. He expects the Nifty 50 to deliver double-digit returns in 2020.
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
The company’s PAT fell to ₹918 crore from ₹1,238 crore a year ago due to falling sales and low margins, but including exceptional gains, the figure stands at ₹2,260 crore.