Peter Cardillo of Spartan Capital Securities LLC, says there is a very good possibility that with the weakness coming out of the Chinese economy, which will eventually hurt the global economy, we might get a surprise move by the Fed in September by half a percent rather than a quarter of a percent. And I … Read more
Rohan Verma, CEO & ED, MapMyIndia, says like there is UPI for payments or Aadhaar for people identification, the ULPIN or the MapMyIndia equivalent or linked ID called Mappls Pin can provide capabilities to reduce court disputes on land ownership, and provide economic empowerment or financial inclusion for everybody as well as proper city and … Read more
Keki Mistry, Former VC & CEO, HDFC, says his experience over the years not only in India but in many other countries globally, is that when the tax rate is reduced, compliance is improved significantly and there is a greater urge to work and earn more income. So, a reduction in tax rates, whether it … 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
C Vijayakumar, CEO & MD, and Prateek Aggarwal, CFO, HCL Tech, in conversation with ET Now. Vijayakumar says that in Q4, HCL did about $2.3 billion booking, in Q1, HCL did a $2 billion booking. They expect all the verticals and geographies, except financial services to sequentially grow in Q2. The CEO & MD is … Read more
Rakesh Rawal, CEO, Anand Rathi Wealth, says it is easier to get flows when market sentiment is backed by investor confidence. When there is a little bit of turmoil, then more efforts are needed to build confidence and the past has shown that extra efforts do not change the direction of flows. So, yes, if … Read more
Ankur Rudra, Head of APAC Telecoms & India TMT Research, JPMorgan, says there have always been hope rallies that have played in the IT services sector in the last year. We have seen some of that potentially play out in the last one-and-a-half months. But in the near term, we are not seeing any improvement … Read more
Srikumar Krishnamurthy, Vice President & Co-Group Head, Corporate Ratings, ICRA, says the recovery or the bounce back post-COVID was pretty significant in the PV segment in particular and even compared to the global markets, we were outgrowing. There is some amount of elevated base that has crept in. So, factors like the pent-up demand and … Read more
Dipan Mehta, Director, Elixir Equities, says the question that everybody on the Street will ask the IT company is how big is this AI opportunity. Is it for real? Is it going to translate into double-digit growth rates for the next four to five years for IT companies? If we get a positive response over … Read more
Arnab Das, Global Market Strategist -EMEA, Invesco, says the UK election was relatively predictable as to the big picture here, which is that power switching from the right to the centre and left. Not much is going to change in the short term. There will be some symbolic changes in taxes here and there, but … Read more