India Inc's top leaders, ace economists & macro-economic experts speak on the day's big trends & developments.
The government announced a five-point plan over the weekend to control current account deficit and Rupee fall.
Vivek Kumar, Senior Economist with Yes Bank is of the opinion that the situation now is not as bad as 2013 inflationary crisis. The government is taking one step at a time and that is the need of the hour.
Trade tussles continue as its a crucial period for world oil market.
Ajay Agarwal on Cyient, Dollar appreciation booast; Companies high revenue Contribution from North America likely to aid growth.
Bharat Gianani, auto analyst of Sharekhan talks about how the currency depreciation is effecting the auto market.
Patrick J. Bennet of the Canadian Imperial Bank says rising crude prices and widening current account deficits are putting pressure on the rupee. Abhishek Upadhyay, senior economist at ISEC PD talks about whether a third rate hike is on the cards.
Tech Mahindra stock has gained over 18.5% in last one month and stock gains as rupee continues to weaken & falls over 3% in one month.
India Ratings has come out with a report where they have a stable outlook on the metal space. They expect healthy profit margins on back of stable realisations & volume ramp-up.
Indiabulls commercial credit is launching its second secured NCD of Rs 2,000 Cr and the issue opens on September 11 & is accredited AAA rating by Care & Crisil.