It’s the economy, stupid! Company profits are falling and foreign investors are selling
Revenues up, profits down, capex slipping, and foreign outflows on the rise—is India Inc. heading for a reset or just hitting a rough patch?
Revenues up, profits down, capex slipping, and foreign outflows on the rise—is India Inc. heading for a reset or just hitting a rough patch?
GDP growth declines in June. Corporate taxes swing wildly. Credit makes a quiet shift, while small IPOs balloon.
This budget shows continuity. The government has been reforming its fiscal health quietly – which carries on even with a coalition in power.
Corporate tax collections fall; income tax collections go up. various institutions compete for savings. And we have a current account surplus!