83% investors feel economy will recover in next fiscal: Fitch
The Indian economy will recover in the next financial year even as concerns over poor monsoon, drought and fall in exports loom large, a survey says. - Industry to grow at 7% plus in Aug, near 9% in Oct: IEG - Structural shifts to benefit Asian companies: Fitch Ratings - It may take US over seven yrs to wipe off job deficit: Report - SKorea to grow faster among advanced nations in 2014: IMF - Oil lower in Asian trade - Fitch downgrades Ansal Properties on debt restructuring More than 80 per cent of debt investors who participated in the survey conducted by global rating agency Fitch believe that the Indian economy would recover in the next fiscal, while only three per cent of them say that the slowdown would last for more than 18 months. However, the area that still concerns about 91 per cent investors is the failed monsoon, drought conditions and continued fall in exports. "A clear majority of investors (83 per cent) believe the economy will recover (back to 2007 levels) over the next financial year," Fitch said in its Fixed Income Investors Survey conducted between August and September 2009. Fitch surveyed 45 investors, which included some of the larger institutions operating in the Indian market. It further said that 14 per cent believe that the current slowdown in India would continue for less than six months. Besides, it said 57 per cent felt that the RBI will increase repurchase (repo) rates within the next six months. The economy would remain stable at the current level, said 60 per cent of the investors surveyed, and 31 per cent expect it to grow even faster. The survey said that 80 per cent of the investors expect the financial performance of lower-rated corporates to significantly deteriorate, while 57 per cent felt that banks will need additional capital to withstand the current credit conditions.Payday Cash commented:
If the people will think like that then there will be something therfore they are thiinking like this
27.08.2011
Payday Loans commented:
It is good news for the Indians that the Indian economy will recover in the nest fiscal year
27.09.2011
12 month loan commented:
Complete Growth & Indian Economy if globalization is to be constant, with all the benefits it can carry to humanity, growth must be inclusive; it has to be seen to help the maximum numbers, and corporate have a key strategic role to play.
04.10.2011
quick cash loans commented:
Complete Growth & Indian Economy if globalization is to be constant, with all the benefits it can carry to humanity, growth must be inclusive; it has to be seen to help the maximum numbers, and corporate have a key strategic role to play.
05.10.2011
payday loans no credit check commented:
Investors that are in the current economy are very much liable for the increment and I would say that ,it is very much beneficial for everyone.
22.10.2011
Payday Loans commented:
I was also thinking about the same thing and i am working about my investment, I am waiting for something good in the next fiscal.
12.11.2011
Short term loan commented:
The majority of investors as per the survey feels that the economy will recover in next fiscal including some of the major institutions operating in the Indian market.
12.11.2011
learn forex trading commented:
A clear majority of investors (83 per cent) believe the economy will recover (back to 2007 levels) over the next financial year,
24.11.2011
Asian Fund and Trust Structure commented:
That’s good news I hope it works.Little hope is there after reading your blog as economy is going down and everyone is so tensed for that.
28.11.2011