policy continuity: 8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua

policy continuity: 8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua

Abheek Barua, Chief Economist, HDFC Bank, says there is a laundry list of items that need to be addressed before we get on, and climb back onto that 8% to 9% sustainable growth path. We could have a one-off 8% or an 8.5% growth, but that is not what the steady state growth would be. … Read more

narendra modi: Modi premium for Indian stocks gets a hard look after elections

narendra modi: Modi premium for Indian stocks gets a hard look after elections

In recent years, investors bullish on Indian equities have cited the promise of policy reforms and rapid economic growth under Prime Minister Narendra Modi to justify its record premium over emerging-market peers. Now, with the leader facing coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. … Read more