Together with @LiveHappay, our aim is to completely reinvent the way Indian corporates manage their business payments ~ @HDFC_Bank's Parag Rao on their association to launch travel and entertainment management solution via @ETTech. https://t.co/THR9jQPqxl #GoDigital
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6. #China could be less hurt than thought (high domestic absorption rate)
7. We stick to our call of marginal appreciation for the INR in 2Q-2018. If there is 'strong' retaliation from other countries, appreciation in the INR could be higher.
#TrumpTariffs
3. Inflationary - as #metal prices rise (US domestic firms unlikely to ramp-up production rapidly)
4. USD negative if other countries retaliate (likely)
5. Margins to come under pressure for #steel and #aluminium companies (globally)
#TrumpTariffs
: Cheers to our customers for bringing us this recognition! It's no small feat to be voted best 9 times in 10 years. This is our note of thanks. Read here https://t.co/M782sG2R3q
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.@HDFC_Bank's Treasury Team is optimistic about the growth outlook in FY19 as the economic recovery gains momentum and, expects #GDP growth to pick up to 7.3% in FY19 from 6.5% in FY18. To know more, read their report here: https://t.co/NNyq2Idwuh
India’s economic growth for Q3FY18 is due to be released tomorrow. We expect economic recovery that started in Q2 to continue its upward climb to 6.9%. Know more: https://t.co/J0kJZKcnPj
A slowdown mainly in the #agricultural sector is likely to be compensated by a higher growth rate expected in industrial sector and services. https://t.co/J0kJZKcnPj
#OutlookFY19: We expect GDP growth to pick up to 7.3% in FY19 from 6.5% in FY18 on the back of an improvement in private consumption demand, increase in capacity utilization rates and revival of the private capex cycle. https://t.co/J0kJZKcnPj
Overall, we are optimistic about the growth outlook in FY19 as the economic recovery gains momentum and the effects of the #DeMo shock and #GST related disruptions fade away.
If private consumption numbers show further signs of weakening, there could be a bit of a worry about GDP growth ~ Tushar Arora, Sr Economist, @HDFC_Bank via @ETNOWlive. https://t.co/V4ZnV8OAoU
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We are beginning to see an upturn in the cycle. The probability of revising FY19 growth number has increased ~ @AbheekHDFCBank via @EconomicTimes. https://t.co/1be4SUYjRj