Saurabh Mukherjea says 3 sectors are readying for multi-year bull run

The Economic Times
Market veteran Saurabh Mukherjea says the economy would start to grow again by the end of 2020, and the equity market will stand to benefit from a barrage of flows if policymakers in developed economies continue with their fiscal stimulus.

ETMarkets.comMukherjea is among the fund managers on Dalal Street who do not like Reliance Industries. “We look for companies where the return on…

India GDP

India Times
The National Statistical Office under the ministry of statistics and programme implementation will release the GDP (gross domestic product) estimates for the first quarter (ending June 30) for the current financial year (FY21). Stay with TOI for all the updates.

How bad the numbers could get

Indian economy will see its…

Global companies raise most funds for the month of August in a decade

livemint
HONG KONG, BENGALURU : Companies raised the most funds in global equity and debt markets for the month of August in a decade as homebound bankers spend their summer fixing deals off the back of trillions of dollars of stimulus worldwide to fight the coronavirus pandemic. Companies have raised $65.5 billion through initial public offerings (IPOs) and high-yield bond issuances globally so…

Canada’s Conservatives pick O’Toole to challenge PM Trudeau

Yahoo – News (India)
OTTAWA (Reuters) – Canada’s main opposition Conservative Party on Monday elected Erin O’Toole, a former cabinet minister and armed forces veteran, to be its new leader and the primary challenger to Liberal Prime Minister Justin Trudeau.

O’Toole replaces Andrew Scheer, who failed to unseat Trudeau in an election last year.

In the leadership race, O’Toole beat out the better known…

Market movement to hinge on COVID-19 trend, global cues this week: Analysts

Yahoo! Finance India
New Delhi, Aug 16 (PTI) Indian equities in the coming week will watch out for fresh triggers amid surging coronavirus cases in the country and also take cues from global developments and corporate earnings, analysts said.

With last week’s key macro data showing slow economic recovery and high inflation,…

Atmanirbhar Bharat – India Marching Ahead

DailyFT
In 2019, India became the world’s fifth largest economy. Fueled by factors such as urbanization and rapid technological advance, India’s rise has been dramatic inthe past 25 years. Since 1995, India’s nominal GDP has jumped more than 700%.

Poised to become the third largest economy by 2030, India has laid down an economic roadmap featuring investment, funds and exports in order to…

PHL not investing enough in ‘green’ stimulus – ING

BusinessWorld Online
THE Philippine stimulus package to bring the economy back from the coronavirus crisis has neglected to target “green” and sustainable projects that could help ensure a stronge recovery, ING Bank said.

ING Bank N.V. Philippines, quoting its report, “Asia’s Lamentable Green Response to COVID-19,” said “green” spending in the Philippines’ stimulus package was zero, putting it in the same…