Archive for Month: September

Auto Sales Down

Declining auto sales, media crying that Auto sector is the biggest contributor for the country’s GDP and slowdown there would mean big job losses and hit to the economy. It is unfortunate that, these days the media in order to prove themselves right, has always been on the wrong...

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Bank Mergers & 5% GDP

10 PSB’s getting reduced to 4, synergies that this big merger will create. Lesser competition for the bigger banks now and also the advantage of cutting cost due to branch closures are being a big positive for the banks. GDP at 5%, a 6 year low, in fact, brings...

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