The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research.
While many EM Asian countries have been hard hit, India's position is somewhat better due to its relatively lower dependency on trade with China, according to a report by Emkay.
New Delhi [India], August 12: The Emkayen Group, with over 25 years of experience in real estate, has established itself as a trusted name in providing affordable housing. Since its inception in 1997, led by Dr. Mahesh Kumar Nagarajan, the group has completed 16 projects of 750+ happy fam
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
Soon after Ambuja Cements announced the acquisition of Penna Cement, brokerage Emkay Global Financial Services retained its 'Buy' recommendation on the Adani Group-owned cement producer.
Credit growth in India is expected to moderate down to 12-14 per cent on a yearly basis over the financial year 2024-25-2026-27 from the current 16.5 per cent, according to Emkay Institutional Equities.
Riding on the hopes of a strong manufacturing sector outlook, Emkay Investment Managers Ltd. (EIML) on Wednesday said the BSE manufacturing index, which has been growing at a faster pace than the key benchmarks, is likely to continue in the next few years.
Reliance Jio is relatively ahead of its peers in preparing for fixed wireless access (FWA) deployment because of its wider 5G coverage, availability of wider-spectrum bands including 700MHz, and improved fibre infrastructure, among others, said Emkay Global Financial Services in a report.
Emkay Institutional Equities, a part of Emkay Global Financial Services, expects India will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year.