Midnight News Update – Sep 05th 2017   CRISIL has lowered India’s GDP forecast for the fiscal year 2017-18 to 7% as an outcome of GST hiccups and the lag effect of demonetization. Earlier, CRISIL had estimated full year growth at 7.4% for Read more [...]

Midnight News Update – Sep 04th 2017   The Infosys Board has sought shareholder approval to appoint Praveen Rao as its Managing Director. Rao, who was the COO of Infosys, was appointed as the interim CEO of Infosys after the resignation of Read more [...]

 Midnight News Update – Sep 01st 2017   The GDP numbers for the first quarter ended June 2017 came in almost 100 bps lower than the Reuters consensus estimate. With GDP growth at 5.7% and the GVA growth at 5.6%, the pressure of demonetization Read more [...]