India's largest Consumer Packaged Goods companies are projecting good news to the stock market Dabur: The company expects double-digit growth in its Home and Personal Care segment, particularly in hair oils and oral care. Management anticipates consolidated revenue to grow in the mid-single digits, with operating profit and net profit...
India’s Economic Resilience Earns IMF Praise
At a time when global markets face turbulence due to U.S. trade tariffs, IMF Managing Director Kristalina Georgieva has expressed strong confidence in India’s economic trajectory. She commended India’s bold reforms, particularly its successful implementation of the digital identity system, Aadhaar, which defied global skepticism. Georgieva highlighted India’s emergence as...
Global PE Firms Invest in India's Residential Realty
The residential real estate sector in India is witnessing a spurt in global investments due to regulatory changes and a more dovish monetary policy outlook. Additionally, government announced a cut in the goods and services tax charged on sales of residential properties under construction to stimulate the economy by driving up...
WB: India Still the Fastest Growing Major Economy
According to World Bank's January 2019 Global Economic Prospects report, India’s GDP is expected to grow at 7.3 percent in fiscal year 2019, and 7.5 percent in the following two years due to an upswing in consumption and investment. World Bank Prospects Group director Ayhan Kose said, "India’s growth outlook is...
U.K. India Business Council Says it's Easier to Do Business in India
More than those from any other country, U.K. businesses are increasingly investing in India. British companies in India now employ almost 800,000 people, representing an impressive one in twenty jobs in India’s organized private sector. Monitoring progress on the Ease of Doing Business in India is therefore important not only...
World Bank: Growth in India to Accelerate to 7.3 Percent
The World Bank said that growth in India is firming up and is projected to accelerate to 7.3% in fiscal year 2019, and 7.5% in the next two years. It noted that the Indian economy had recovered from the temporary disruptions caused by demonetization and the introduction of the Goods...