neelkanth

India seeking to restructure multilateral fin institutions like IMF, WB in its G-20 presidency: Amitabh Kant

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India seeking to restructure multilateral fin institutions like IMF, WB in its G-20 presidency: Amitabh Kant

India will be seeking to restructure multilateral financial institutions like the International Monetary Fund and World Bank which are out of sync with present-day challenges, a top official said on Monday. These Bretton Woods bodies were created after the World Bank, and are largely focused on the direct lending which was necessary in the post-second … Read more

IT stocks facing a never-seen-before challenge: Neelkanth Mishra, Credit Suisse

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IT stocks facing a never-seen-before challenge: Neelkanth Mishra, Credit Suisse

Although known to be a resilient sector to invest in times of global macro uncertainty, IT stocks may continue to witness pressure this time. Neelkanth Mishra, India Equity Strategist, Credit Suisse, says he has gone underweight on IT services sector because he sees a never-seen-before challenge of revenues coming under pressure. “The challenge is that … Read more