In an interview with Bloomberg Television, Christopher Wood, the Global Head of Equity Strategy at Jefferies, an investment bank, said that India’s domestic consumption, investment in infra, and the resilience it displayed during the pandemic instills confidence in its future. Despite the challenges such as inflation and rising oil prices,...
India Companies Signed over 1,100 Deals for $104 Bn in H1 2022
According to the Bharat Dealtracker report by the accounting firm Grant Thornton, despite global uncertainties, India Inc witnessed around 1,149 deals, at a combined valuation of $104.3 billion in the first half of 2022. Overall deal volumes have undergone a 34% increase, with deal values doubling with a 143% growth...
India’s Purchasing Managers Index Continues to Expand
India’s manufacturing PMI continues to climb after a 2021 end-of-year performance registering 55.5 for the month of December. An Economic Times survey involving 56 CEOs and business leaders from across India’s manufacturing, services, and infrastructure sectors, noted that companies are in an investment and capex boom. About 93% of the...