Pranjul Bhandari, Managing Director, Chief India Economist, Asean Economist, HSBC, says “the construction-led activity has given an alternate source of income to rural India. And all of these things come in cycles. I think we are on the upward side of a new financial cycle and things like credit growth, housing prices, construction activity all … Read more
Pranjul Bhandari, Chief Economist, HSBC India, talks about the state of the economy, the startup space, and risks looming on the horizon. Edited excerpts from her interview to ET Now’s Tamanna Inamdar: Tamanna Inamdar: About the premise that you have based your findings on in your report… Pranjul Bhandari: As economies build back from the … Read more
We cannot rely on consumption but we should set the stage so that investment can come back at least in the next couple of years, says Chief Economist – India, HSBC Securities. Would you reckon that the kind of economic damage that has been caused by the lockdown has been much worse in India as … Read more