Although the India-China trade deficit registered a marginal decline a couple of times over the past 10 years, the fall has never been as much as seen in 2018-19.
NBFCs are selling public bonds with the purpose of building a retail base. But individual investors may not be aware of the high risks.
Resolution process of bankrupt firms has been slowed as courts are inundated with appeals from founders, administrators, lenders & bidders.
Crude prices are at 5-month high and pose a risk to benign inflation expectations that allowed RBI to cut rates.
The rupee depreciated 4 paise to 69.15 against the US dollar in early trade on Thursday.
Pakistan has reserves for just two months of imports, and also faces a current account, fiscal deficit, inflation crisis.
Fundamentals of corporate India are improving & projections for next year’s earnings at S&P BSE Sensex Index companies has jumped to a record high.
Listless growth in electricity demand points to lack of appetite among factories & commercial firms who consume about half of India’s power.
The world economy might be messy and there will be regional divergences aplenty, but it is not terrible as IMF data shows there are still some chances of growth.
The bankers branching out say that the recent market turmoil has created the need for a more boutique approach to navigating the credit markets.