V SHAPED RECOVERY
Chart Check: PSU banks in focus! V-shaped recovery in Bank of Baroda could take the stock to fresh record highs
The stock hit a record high of 228.90 on 23 January 2015 but it failed to hold on to the momentum and witnessed a steep fall which took the stock towards 26 in May 2020.
GDP figures tell us why IIP and consumption survey must be urgently updated
When the V-shaped recovery manifested starting from Q2 FY2021, the same commentators dismissed it as 'expected' by referring to the lower base. Readers will recall that as the prediction of the V-shaped recovery itself was scorned upon as unexpected, labelling it as 'expected' after it had displayed similar selective memory. In the current context, one must reiterate that if the base was banked upon to dismiss the V-shaped recovery, reason demands similar focus on the base effect when it underestimates actual growth.
Civil aviation sector witnessing strong V-shaped recovery: Jyotiraditya Scindia
In an interview with PTI, Scindia said the domestic passenger numbers are very encouraging and already, the number is around 111 million till November this year.
Double your SIPs for next 6 months; broad-base allocations: Sunil Subramaniam
“Granted that there is a probability that the markets could be lower a few weeks from now, what do you do today? Do you buy or not buy? My sense is that you have to buy but don’t put all your money in at this time; stagger it. Crisis is always a U-shaped opportunity and not a V-shaped opportunity where you have to buy today, otherwise you miss the boat. With the U-shaped opportunity, you can buy anywhere along the bottom. ”
Rakesh Jhunjhunwala's hotel bet sees V-shaped recovery in Q3. Time to check-in?
Jhunjhunwala and his wife Rekha Jhunjhunwala held 1.08 per cent each in the Tata group company. The scrip was trading flat at Rs 218.50 in Thursday's trade
Budget must not compromise on income support, infra & housing, says HDFC Bank’s Abheek Barua
“There are a couple of things that the Budget need not or should not compromise on – one is, of course, income support, it has to be very targeted to ensure that you get the biggest bang for your buck and the other is to keep the employment-intensive investments, infrastructure, housing and so forth going. This is how I see it.”
Most sectors on track: Hiring party's on, job street's not waiting for Santa
Employers in all four regions expect to grow payrolls during the first quarter of 2022. The strongest hiring pace is anticipated in the north, where the net employment outlook stands at 52%. Strong hiring activity is also anticipated in the west and south, with outlook at 50% and 49%, respectively, while that for the east is 40%
Raghuram Rajan dismisses V-shaped recovery, says India needs to grow at 8-9% to create jobs
Dismissing talk of a V-shaped recovery, he said growth after a bad enough situation will always be V-shaped and the real challenge before the country is to achieve a sustained 8-9% growth.
Not yet 'V-shaped' recovery, sectors of economy still 'crippled': P Chidambaram
"Let us extend a cautious welcome. It is NOT yet a 'V' shaped recovery. The fine print will bear that out," the former finance minister tweeted.
Why Morgan Stanley is betting on India’s sustained recovery
"There is an active debate going on amongst investors about sustainability of India’s recovery. We are arguing that it will be sustained and we will see 7% growth over the next four years," says Chetan Ahya.
Auto sector may move to V-shaped recovery lane in 2-3 months
A strong, but uneven, pickup that the automotive market has been witnessing since the second wave of the pandemic could turn into a sharp V-shaped recovery as soon as in 60 days, according to top auto financiers.
Mercedes India set to clock highest output in a quarter
Mercedes-Benz India, the country’s largest luxury carmaker, is set to clock its highest quarterly output in October-December, thanks to its established global supply chain, even as mainstream carmakers are struggling to maintain production levels in the face of a worldwide
India's resilient V-shaped recovery still intact, says Finance Ministry
This fast paced recovery is evident, the FinMin believes, due to the growth in power consumption, rail freight, highway toll collections, e-way bills, digital transactions, and also robust GST collections.
Economic impact of a third wave, if any, will be very limited: KV Subramanian
"I expect a double digit growth this fiscal. Considering the high frequency indicators, I anticipate the Q2 numbers will be surprisingly high. And next year, we should have 6.5 to 7%. And then we should be able to accelerate beyond 7% as the reforms that we have undertaken will start power a high growth," said the CEA.
View: New GDP figures underline the right mix for sustained recovery
George Bernard Shaw once famously quipped, ‘If all the economists were laid end to end, they would not reach a conclusion.’ Shaw was bang on.
Business activity in India saw gradual V-shaped recovery in June: Nomura
However, the third wave of Covid-19 remained a key risk to economic recovery with a slowing vaccination pace and increased mobility in July, the firm said in a note on Monday.
Former CEA Kaushik Basu decodes borderlands where politics and economics meet in new book
Now, having taken leave from academe and come into the world of policy, for the first time I believe that Keynes had hit upon a fundamental truth. It is the lack of imagination and the grip of stale ideas on political leaders and career bureaucrats that have a tendency to stall good policy. I also now feel convinced that economics as a discipline is not just a stunning intellectual achievement but it is, in practice, a very useful discipline.
Money managers see good days ahead as Street looks forward to unlocking
“The market is cheering the downward trajectory of the Covid-19 curve as the recovery rate since the last few days has been faster compared to the new cases. With the improvement in the Covid-19 curve, India is playing catch-up with the global market,” said Naveen Kulkarni, chief investment officer at Axis Securities.
Indian economy looking at 'V-shaped' recovery: Anurag Thakur
"India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore," Thakur said at a virtual conclave organised by the Institute of Actuaries of India.
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