Affluent Lead India Consumption Story
Top 4% earners contributing heavily to consumption while the bottom 57% seem to be barely subsisting.
Top 4% earners contributing heavily to consumption while the bottom 57% seem to be barely subsisting.
This was not an election outcome the market valuations were set up for, states UBS
The divergence between affluent and broad-based household demand persists, says UBS.
Consensus is yet to fully appreciate the upside to realised tariffs from tariff integration, as well as the scope of India's improving gas demand and GAIL's pipeline expansion, says UBS.
Crisis-hit Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group
Foreign investors find China, other Asean markets more favourable, say brokerages.