India’s GDP numbers, announced on Friday, February 28, point to a decent recovery in economic growth, with consumption and employment-generating sectors contributing significantly to third-quarter GDP. Additionally, these numbers come on a base that is revised sharply higher. But what we need to ask is whether this recovery is enough to stop the sharp sell-off […]
Macquarie Capital says India’s FY25 earnings growth may be slower than market expectations – CNBC TV18
Viktor Shvets, Head of Global Desk Strategy at Macquarie Capital, believes India’s earnings per share (EPS) for the financial year ending in March 2025 will be around 11%-13%, lower than market estimates of 16%-18%. Company Value Change %Change Shvets expects the US dollar to start the year much stronger, but weaken by the year-end. Although […]
CNBC-TV 18 Morning Call: Honda and Nissan to form holding firm, Ambuja Cements merger, ITC demerger and more – CNBC TV18
1 / 17 The US dollar strengthened on Tuesday after stronger-than-expected November retail sales showed economic growth, driven by motor vehicle and online purchases, ahead of central bank rate decisions. 2 / 17 Nvidia shares dropped on Tuesday, while Broadcom edged lower after early gains. Year-to-date, Nvidia is up over 160%, and Broadcom has gained […]
India’s Q2 GDP growth slows to a shocking 5.4%, lowest since Q3 FY23 – CNBC TV18
India’s GDP growth for the July-September quarter dropped to a shocking 5.4%, the lowest since Q3FY23, falling short of the CNBC-TV18 poll estimate of 6.5%. This was a sharp decline from the 8.1% growth recorded in the same period last year and 6.7% in the preceding April-June quarter. Gross Value Added (GVA) grew at 5.6%, […]
‘Let us first become the factory of the world, then we can open doors for competition’: Sajjan Jindal – CNBC TV18
Speaking at the CNBC-TV18 Global Leadership Summit, Sajjan Jindal, Chairman and Managing Director of JSW Group, responded to Uday Kotak’s call for India to liberalise its trade policies. Kotak, the Founder of Kotak Mahindra Bank, suggested that India needs to become more competitive by moving away from protectionism. However, Jindal argued that India must first […]