[ad_1] The economic tailwinds and improving industry conditions, however, aren’t the only factors driving earnings growth and momentum across India’s corporate space. Also helping the cause are rising cash flows, prudent balance sheets and falling leverage. This is despite several companies, across sectors, spending more on capital expenditure and energy-transition initiatives. Alongside improving earnings and…
[ad_1] As on 28 June, bank deposits had grown 11.1% year-on-year, as against credit growth of 17.4%. While acknowledging changes in Indian saving patterns, he exhorted banks to step up efforts to mobilize deposits. Similarly, finance minister Nirmala Sitharaman, while laying out figures for small savings mobilization in Parliament, highlighted the country’s declining rate of…
[ad_1] Some necessary reforms are straightforward and widely agreed, raising the question of why they haven’t been adopted. First, the IMF should provide its members with regular annual allocations of its in-house financial instrument, special drawing rights (SDRs). This would provide an alternative to the US dollar as a source of global liquidity, while also…
