May 12, 2017 - Bank reforms make India best equity story in emerging markets: Chris Wood

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Sree Vijaykumar From the Editor's Desk A group of Indian startup founders recently visited China, and returned awed and inspired and imagined this to be India in the future. Let's examine this future. India's reported GDP last year is $2.07 trillion and that of China is $10.87 trillion. In the future, if we average 10% GDP growth in India and assume China does an average of 4% GDP growth (an optimistic 'India catching up with China' scenario), India will then match China's GDP figures in 2046. And that's the optimistic scenario for India! If we use a more realistic 7% for India and 6% for China, suffice it to say we won't catch up in this century. While it's fine to be inspired by the China model (there's merit in some arguments around consumer behaviour being more similar between India and China than let's say between India and the US), any other comparison needs to account for the reality that there is very little similarity in per-capita purchasing power (the populations are nearly the same now) and other metrics important to predict the size of a market. Advertisers of the day TradeBriefs: World of Hyatt - A new loyalty program for you Shriram Properties: Shriram Properties presents premium apartments in the heart of Ecity Phase 1- Shriram Summitt  Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). Bank reforms make India best equity story in emerging markets: Chris Wood Modi govt is showing a renewed focus to address the asset quality problem: Chris Wood, CLSA Advt: Lending solutions for all your long-term business needs No company starts big. They grow over time. Standard Chartered will be your companion in this growth journey, giving you solutions that fit your needs at every stage (Know More) Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Novelis rolls out a surprise for Hindalco shareholders Novelis, a Hindalco Industries unit ,said it will get $315 million in return for giving up a 50% stake in Ulsan facility, an aluminium rolling unit in South Korea A strategy through investments? 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GAP to open 40 stores in India in next five years; to start sourcing from India GAP, the American apparel and accessory brand, is looking torward opening 40 stores in India in the next five years.CEO - GAP Business, Arvind Lifestyle Brands Limited, Oliver Kaye told Indiaretai India's big ecommerce sales: What Amazon is offering on discounted rates Deccan Chronicle India's big ecommerce sales: What Amazon is offering on discounted ratesDeccan ChronicleAmazon India is offering up to 80 per cent discounts on home appliances, accessories, kitchen appliances, home appliances and electronics items. Besides, mobile phones and their accessories have also been put on sale with huge concessions in their ... articles  How Sanjay Behl is charting a roadmap for digital transformation of Raymond In a feature interview, Sanjay Behl, CEO of Raymond lays down the digital game plan and turnaround strategy of his company. 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India being considered a favorable growth market, says Qualcomm Qualcomm said that India is considered a very favourable growth market Apple iPhone 5s is the top premium smartphone in India: report Now that the iPhone 4S and 5C are out of the picture, the iPhone 5s is the cheapest iPhone available in the Indian market right now. Centre, basmati exporters looking at alternative fungicides to treat rice Isoprothiolane is good alternative to tricyclazole, but restricted in the US GSk Consumer posts 8.4% rise in Q4 profit at Rs175.88 crore For the full year ended 31 March, GSk Consumer Healthcare’s net profit dropped 4.5% to Rs656.67 crore from Rs687.28 crore previous year Tata Sampann's #ChangeTheRecipe ad campaign urges mothers to embrace their imperfections Through the campaign conceptualised by Leo Burnett India, the brand enables mothers to continue experimenting without looking back at the stereotypes .. 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HUL shares touch record high as FMCG stocks rally on monsoon- Livemint Stocks of consumer companies surge 2 per cent to 4.6 per cent in Wednesday's trade. Flipkart makes $1 billion informal offer for Snapdeal The facility will be made a permanent feature for Flipkart smartphones after the sale, but at a higher price, senior official at the company said. Decks cleared for Snapdeal to land in Flipkart's basket The term sheet with Flipkart could be signed within this week and the due diligence for the deal would commence immediately thereafter. 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