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Car Sales:Slowing down

Falling auto sales signal that the cost of car ownership must reduce drastically

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Indian stocks welcome upgradation by UBS

Although India faces many challenges, overseas investors should stay committed to investments in India

 

Global investment bank, UBS, is of the view that liquidity will improve in the stock market in India, and that its attractive valuations will help perform better in relative terms.

UBS has upgraded Indian stocks to ‘overweight’. Compared to growth markets in Southeast Asia, the Indian market has attractive valuations. Improvement in trade balance will, in turn, push up liquidity in the market.

Although India faces many challenges, overseas investors should stay committed to investments in India. The challenges will not only be political, but also in balance of payments.

“We think the risk is worth it—that either improved risk appetite globally helps lower domestic rates, or that in the coming months an improving trade balance does the same," UBS said.

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The Copyright (Amendment) Bill 2012: The right of artistes

The revamped Bill offers artistes different rights for different media

Not very long...

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