With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand
Not surprisingly corporate India is not pleased with the latest move by the Trump administration
The auditor to Modi's Firestar International, Deloitte signed off the accounts for financial years ended March 2016 and March 2017
The Tatas have also impressed the Indian car buyers with a new range of passenger cars
Information technology services and pharma, India's two biggest exporting sectors, continue to face headwinds
Could push revenue growth at consumer and farm sector-related firms but gains might be tempered by higher inflation and borrowing cost
Listed Indian subsidiaries' share of their MNC parents' total market cap doubles to 6.3% from 3.1% in 2013; P/E multiple premium rises sharply
Combined net sales were up 12.6% YoY during the Oct-Dec 2017 quarter, growing at the fastest pace in the last three quarters
Combined net profit of Nifty50 firms estimated to grow by 15.4%
Earnings yield for BSE 500 firms down 120 bps in 12 months; latter up 110 bps
IT exporters are also likely to gain from a recovery in global growth
Mid- and small-cap companies seem to have done better than top-tier companies
At 18.6% of GDP at current prices in FY17, down from a peak of 25.2% in FY10; financial savings at a 2-yr low of 7.8%
Excluding lenders and commodity players, Corporate India likely to report contraction in profits in Q2
Market cap share of banks and NBFCs touches record 22.3%, as boom in retail lending continues unabated
RBI was worried about risks faced India's software exports due to protectionist policies like H1-B
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
M-cap up 29% since end-March 2014, against 72% rise in combined m-cap of all listed companies
However, risks are also increasing and could trigger a change in the trend seen so far
Valuations are steeper for foreign investors