Ex-foods growth was more respectable at 7.4 percent. But, worst may well be over, as there has been a sequential improvement, said the CLSA note. The global investment bank continues to like the company’s portfolio and management strategy around growth. … [Read more...] about Global brokerage view: 11% rally possible in Maruti stock; Titan downgraded to underperform
The TimesJobs survey titled ‘Decoding Appraisal Trends for 2020' that recorded responses of 1,296 hiring managers from different industry verticals noted that a majority (80 per cent) of the hiring managers claimed that the average appraisals in 2020 will be higher than the annual increment of 2019. … [Read more...] about India Inc to offer double-digit salary hike this year: TimesJobs survey
If the AAP is re-elected, and, say, gets more than 50-55 seats out of the total 70 seats, it would be a rare occasion where a ruling party has campaigned and come back to power highlighting the work it has done in its previous term. Unfortunately, incumbent governments seldom speak about the work done — and rather focus on tall promises of a ‘better, brighter and stronger tomorrow’. … [Read more...] about Delhi Elections | Will its polarising pitch help BJP?
RBI states that consumer inflation in India is high due to short-term factors. It also states that inflation in India has peaked and expects a significant reduction in CPI in the coming months. RBI recognises that there is a space for more policy actions in the future and maintained its accommodative stance and will cut interest rate in the future as and when necessary. The monetary policy of India is very accommodative and supporting during the slowdown, it is very positive for the financial sector. … [Read more...] about Key factors to watch: Q3 results, supportive RBI policy, Trump commentary & COVID-19