Are Q2 earnings downgrades already factored in? DSP Mutual Fund’s Abhishek Singh explains

Are Q2 earnings downgrades already factored in? DSP Mutual Fund’s Abhishek Singh explains

As a sluggish Q2 earnings season is leading to downgrades in many stocks, Abhishek Singh, Fund Manager, DSP Mutual Fund, says the market is not factoring in the medium-term outlook yet for most of the stocks. “Markets could be justified in this stance if we see sustained improvement in the coming quarters,” he says. Edited … Read more

Former RBI DG says central bank’s concerns on crypto stem from money laundering, valuation concerns

Former RBI DG says central bank’s concerns on crypto stem from money laundering, valuation concerns

Former RBI Deputy Governor N S Vishwanathan on Wednesday said money laundering and lack of clarity on valuations are the primary concerns of central banks in being circumspect about the introduction of cryptocurrencies. If the government goes ahead and allows cryptocurrencies, bankers need to be wary and not confuse persons’ wealth with the amount of … Read more