Phillip Capital

Infosys gains ahead of Q1 results. Here’s what analysts said

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Infosys gains ahead of Q1 results. Here’s what analysts said

NEW DELHI: Shares of were trading marginally higher in Wednesday’s trade ahead of its June quarter results later in the day. The second-largest IT major is expected to report a 24-30 per cent year-on-year rise in profit on a 17-18 per cent growth in revenues. The IT firm is seen upping its FY22 revenue growth … Read more

Hello India, stagflation is here! Nomura says from RBI survey

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Hello India, stagflation is here! Nomura says from RBI survey

NEW DELHI: Stagflation is a double-edged sword and it’s here, at least this is what the RBI’s recent survey on households suggests. Nomura India, however, says it may be transitory. It believes supply-chain disruptions during the pandemic are largely to blame for the outcome. Stagflation occurs when economic output stagnates but inflation keeps rising. It … Read more