Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank, says she is looking at the rupee shifting towards 87-87.50 range against the dollar. She is generally pessimistic about the GDP figures for the full year. Bhardwaj estimates it to be 6.1% for FY25, and next year also brings many uncertainties. Kotak Bank expects the number to be … Read more
Hiren Ved, Director & CIO, Alchemy Capital, says EMS is a rapidly growing field, reminiscent of the boom in IT services, with many companies thriving on abundant opportunities. In manufacturing, Dixon leads with a $2 billion valuation in the $70-80 billion power T&D and electronic manufacturing market, suggesting potential for several firms to reach $4-6 … Read more
Gautam Duggal, Head Of Research – Institutional Equities, Motilal Oswal, says the potential for a re-rating of price-to-earnings (PE) ratios appears quite challenging at this moment, with only limited opportunities in select areas. The only sector where some re-rating potential remains is in financials, particularly among large-cap banks, which are currently undervalued. There is a … Read more
Aditi Nayar, Chief Economist, ICRA, says the WPI inflation may harden a little bit in the current month, somewhere in the range of 2.5% to maybe 2.8% or 3%. It will track a slightly different trend from the CPI in terms of how sequentially things are moving but they will end up converging closer together … Read more
Rushank Shah, Promoter, Hubtown, says that over the next three to four years, they are focusing on a couple of things. One of the first things they are focusing on is reducing our debt from our current levels to zero, as well as they will be using some of the existing land parcels including one … Read more
Tehmasp Printer, MD & CEO, and Eashwar Iyer, CFO, IGI (India), in conversation with ET Now. They have three verticals and are trying to get all the three verticals together as one consolidated IGI. One of the key reasons the Indian entity is getting listed is to use the IPO infusion to make acquisitions. While … Read more
Devendra Pant, Chief Economist, India Ratings, says food inflation is cooling off but there are two commodities which could be another source of problem for food inflation in general and your overall inflation in particular. In August ‘24, oil and fats had a deflation of 0.86% and come November it has an inflation of 13.28%. … Read more
Arvind Panagariya, Chairman, 16th Finance Commission, in conversation with ET Now at the Times Network India Economic Conclave. Panagariya says when it is said that inequality has gone up and billionaires are becoming richer and the poor are getting poorer, that gets a lot of attention, but that is really not true. Billionaires have come … Read more
Arnab Banerjee, MD & CEO, Ceat, says acquisition of this business will make Ceat’s international business contribution to cross 25%from day one and, this is EBITDA accretive and will contribute to the overall margin accretion of Ceat consolidated. OHT business will almost double in turnover post this acquisition and will be almost 23-24% of Ceat’s … Read more
Naveen Mathur, Director – Commodities, Currencies and International Business, Anand Rathi Wealth, says the overall perception is that the rupee might continue to 85 levels or so where the RBI might start intervention. They might be intervening because we have seen that the dollar reserves at the RBI in the end of September was at … Read more