BOfAML

The report said about 70 per cent of retailers suggested revenues were lower year-on-year

The investment figure includes funds required for both central and state water schemes

Allocation to equity by global fund managers saw the second largest drop ever in June

Fund managers expect non-US equities to be the best performing asset class in 2019 with 45 per cent respondents agreeing, followed by S&P 500 (17 per cent)

There are predictions of a normal monsoon, GST rates are unlikely to be inflationary

The report said NPL flow can be arrested only by cutting lending rates to spur recovery