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India emphasizes bilateral relations as key to global trade and investment growth
Bharat Electronics is set to announce its first interim dividend for FY25, while Finance Minister Nirmala Sitharaman emphasizes the need for India to enhance bilateral relations for trade and investment amid a shifting global landscape. She notes that multilateral institutions are losing effectiveness, making bilateral agreements increasingly vital for economic growth.
analysts cut india growth forecasts after disappointing gdp data
India's GDP growth has sharply decelerated to 5.4% for the July to September period, marking a seven-quarter low and falling short of both consensus estimates and the Reserve Bank of India's 7% projection. This "growth shock" has led economists from major firms like Goldman Sachs and Barclays to revise their full-year forecasts downward, with Goldman now projecting 6% growth through March 2025. Analysts attribute the slowdown to significantly lower manufacturing growth and anticipate continued weakness in urban consumption due to reduced incomes.
analysts recommend buy ratings for hyundai motor india after weak debut
Hyundai Motor India Ltd. has received a wave of buy ratings from analysts following a lackluster trading debut. The company now boasts six positive recommendations from firms including Nomura and Macquarie, while only one sell-equivalent rating has been issued by Emkay Global.
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