“PM Modi has spoken about his government’s firm resolve towards the goal of Viksit Bharat 2047. In his latest US visit, he has re-iterated this vision which roughly translates as ‘Make India Great Again’ (MIGA),” says Dr. Poonam Tandon, Chief Investment Officer – IndiaFirst Life InsuranceIn an interview with ETMarkets, Tandon said: “This is in … Read more
“I think as an investor in India you have slightly better advantage for looking at incumbents and the reason is simple because we do not have the entire value chain of products that go into an EV that are coming from India,” says Raunak Onkar, PPFAS MF. It does not matter whether EV or ICE, … Read more
“So, it is important for the West and the US tech companies to be able to get their AI cost structure down much lower and much more open so that other companies can actually take advantage of it.” says Ray Wang, Constellation Research.It is a subject that you deeply researched on and I am sure … Read more
As earnings growth is slowing down and downgrades are rising, it is highly unlikely that Nifty would deliver double-digit returns in Samvat 2081, says Nitin Bhasin, Head of Institutional Equities at Ambit, and Bharat Arora, Analyst – Strategy at Ambit Capital. The institutional brokerage firm expects FY25 to be a year of earnings growth normalization … Read more
Hitesh Doshi, Chairman & MD, Waaree Energies, says ALMM is one of the non-tariff barriers which is helping to promote Make in India. Just by bringing ALMM in for a short span, Indian module manufacturing capacity has increased and our exports have also increased. Doshi believes that this will not be restricted only to the … Read more
Equity mutual funds, which are investment vehicles that combine funds from numerous investors for investing in stocks, demonstrated strong performance in July. During this time frame, these funds generated returns of around 11%, showcasing their potential for attractive financial gains. As of July, the market offered a varied selection of 615 equity and equity-oriented mutual … Read more
Santanu Sengupta, Chief India Economist, Goldman Sachs, says India’s public debt to GDP at 80% plus is one of the highest among EMs. So though India has had high growth, over a period of time. that debt to GDP number needs to consolidate below 80% and probably get closer to 75%. That is why the … Read more
On Tuesday, the market capitalisation (m-cap) of BSE-listed companies saw a dramatic decline of Rs 31 lakh crore. This drop was the result of dramatic results in the General Elections, with the BJP led by Prime Minister Narendra Modi falling short of a simple majority. As a result, the combined m-cap of BSE-listed firms decreased … Read more
Umesh Chowdhary, VC & MD, Titagarh Rail Systems, says “following the Rs 700-crore QIP, as far as the current plans are concerned, whether it is the Vande Bharat, whether it is the ongoing projects that we have, we believe that for both the capex and the working capital, apart from the debt that will need … Read more
MUMBAI – Static process equipment manufacturing company Anup Engineering has been one of the star performers in 2023, giving a staggering 195% returns to investors. The company manufactures items like heat exchangers, reactors, pressure vessels, columns, and towers, and offers customised fabrications. Nuvama Professional Clients Group is bullish on the company and believes that it’s … Read more