Business Sentiment Remains Moribund: Masha Gordon
  • Elizabeth George
  • Oct 10 2013

October 10: A number of sectors remain stressed in India, says Masha Gordon, EM Equity Portfolio Manager at PIMCO. Investment-related businesses are seeing very high inventory, she says, adding that lending data shows a high reluctance to new credit. The situation of low confidence leading to low growth is likely to stay for about 9 months, she adds.