How bad is current slowdown in the Indian economy; read all this and more on Moneycontrol Pro
A look at bank credit numbers for the first four months of this fiscal, compared to previous years, gives a better picture of how the economy is faring
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How bad is the current slowdown in the Indian economy?
The headlines are screaming that car sales are at a 20-year low. Growth in the eight core sectors is near a 4-year low. But this may not give the full picture. A look at bank credit numbers for the first four months of this fiscal, compared to previous years, gives a better picture of how the economy is faring. Read here.
This FMCG company has an ability to compound that long term investors may like
For long, Dabur has been an investor favourite due its ability to give healthy annual returns over a long period. Steady earnings growth in good times and bad led to higher valuations too. While the company is facing some near term challenges and the fall in equities has affected valuations, read here for our analyst’s opinion on the stock for a long term investor.
Check out this label – the risk-reward is favourable
This homegrown company in the coding and marking industry has found a sweet spot as the organised retail sector is set to grow exponentially, with reforms such as the Goods and Services Tax making it mandatory to label goods. Competition and a slowing economy are risks that the company faces. Our analyst takes a look at this stock’s risk-reward profile now that it is down 44 percent from its 52-week high levels. Read here.
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India records 19,740 new COVID-19 cases, 248 deaths; highest recovery rate reported since March 2020
The country’s Friday’s numbers were 7.1 percent lesser than the previous days numbers
IMF's Fiscal Affairs Department Deputy Director Paolo Mauro advised that special attention must be given to green investment to ensure that recovery is inclusive and eco-friendly
Malpass also said that India, which faces huge challenges of integrating more people into the formal sector economy and raising the earnings of the people, has made some progress but that's not enough.