Does the rally reflect expectations of improving fundamentals or they are likely to correct? Despite sluggish growth, the Sensex has risen roughly 30 per cent since December last year. While markets are forward looking, with key economic indicators pointing to sluggish growth, does this rally reflect expectations of improving fundamentals in the coming quarters, or are markets moving ahead of reality and likely to correct? According to analysts, the sharp rally over the past year could be ... Rediff.com, 5 days ago
The Congress, which was engaged in delaying tactics earlier, surprised many in the committee with its firm resolve to assist in submitting the report on time by December 12. The Narendra Modi government’s reforms agenda might be well on track with support coming in from an unexpected quarter -- the Congress. The first meeting of the select committee looking into the contentious Insurance Amendment Bill took place on Tuesday, which saw the Trinamool Congress walking out of the meeting. The ...Rediff.com, 2 weeks ago
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