On the other hand, the Asian Development Bank (ADB) projects India’s growth to slow down to 4 percent in FY21. That’s quite a difference between the two GDP estimates. Surveys can be sometimes misleading since the small sample chosen may not be reflective of the actual trend. … [Read more...] about RBI industrial outlook surveys confirm what bank NPA charts have been telling us for long
Rate cut federal reserve
There is plenty of time to ponder koans these days at the animal park, where the coronavirus pandemic has left the sea lions, and the rest of its roughly 6,000 creatures, without an audience. In this busy season at the zoo, when people typically pack in — children atop their parents’ shoulders — to see the sea lions eat, there is no one standing at the pool railing. … [Read more...] about Coronavirus pandemic | The Bronx zoo is also empty, but the animals don’t mind
What then should investors do, apart from lighting candles on Sunday? They must put the market crash and the bear market rallies to good use. They must consider making gold an important part of their portfolio. They could look at fallen angels. Companies in the front lines of the fight against the coronavirus are good picks. We looked for value in the most beaten down sectors. And, of course, we continued to back defensive stocks here and here. We also warned investors to be cautious, as liquidity has dried up in our equity markets. … [Read more...] about Moneycontrol Pro weekender | Will April be the cruellest month?
Crude oil prices have recently fallen to their lowest in nearly three months after the failed decision of production cut by OPEC nations, stoking fears about global economic growth. Trade tiff of the US with China has led to fears of further slowing down of the global economy which could impact crude oil demand and hence its prices. … [Read more...] about Lucky 7: HDFC Securities picks fundamentally strong stocks for your portfolio