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?
Equities are worth 150% of India’s GDP. Foreigners are plowing in 2 billion dollars a month into Indian debt. Are the markets going nuts?