Once US goes into recession, EMs will do well: Andrew Holland https://ift.tt/WDO2EjP Holland, CEO of Avendus Capital Public Markets Alternate Strategies, sees emerging markets as a key growth area, particularly for investment following a downturn in global markets; Since I can remember, once the US goes into recession and interest rates start to fall, emerging markets do well". India may initially experience weaker flows than areas such as China, Taiwan and Korea, but Holland expects earnings acceleration will attract increased investment during H2 of 2019.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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