India's macro environment not as stretched as 2013: Morgan Stanley
Tuesday, October 30, 2018, 3:40 PM
India's macro environment is not as stretched as it was in 2013, Morgan Stanley said in a report. "No doubt there are pressures from rising oil prices and a depreciating currency, but these are not difficult to handle," report said. Ridham Desai, head of India equity research and India equity strategist, told reporters that Indian companies were at the beginning of new earnings cycle.
Indian companies dominates ranks of worlds best-performing firms
Thursday, June 14, 2018, 11:44 AM
Indian companies are dominating the ranks of the world's best-performing industrial firms as they benefit from neighboring China's pollution crackdown and billions in domestic infrastructure spending. Prime Minister Narendra Modi's focus on electrification has buoyed demand for cables and wires used in the power sector. India added 1,00,000 circuit kilometers of interstate transmission capacity in the last four years.