Morning News from India - April 20, 2018 Tweet20 Apr 2018
- Markets end in green, Asian cues push Sensex, Nifty higher (New Indian Express)
- Why India Is Now Scrambling to Print More Currency (Bloomberg)
- RBI’s Minutes of the Monetary Policy Committee
Turning to the growth outlook, several factors are expected to accelerate the pace of economic activity in 2018-19. First, there are now clearer signs of revival in investment activity as reflected in the sustained expansion in capital goods production and still rising imports, albeit at a slower pace than in January. Second, global demand has been improving, which should encourage exports and boost fresh investment. On the whole, GDP growth is projected to strengthen from 6.6 per cent in 2017-18 to 7.4 per cent in 2018-19 – in the range of 7.3-7.4 per cent in H1 and 7.3-7.6 per cent in H2 – with risks evenly balanced
Is the Indian economy really that strong? (The Hindu)
- India’s blockbuster cricket league is beginning to rival even English soccer (CNBC)
Star has come up with a six-month marketing strategy to monetize every aspect of the IPL — starting from the players auction in January and going up to the live telecast of the matches on its 10 television channels in different Indian languages and on its digital platform until the end of May.
The media conglomerate is expecting 700 million people to watch the IPL this year and ad revenues of more than $300 million. According to advertising sources, Star had sold 90 percent of its ad slots before the IPL kicked off.
- Behind TCS’s race to $100 billion market cap: A radical reinvention (Economic Times) - INFY, WIT
- Yatra, Cleartrip use machine learning and bots to boost growth prospects (Livemint) - MMYT, YTRA
- The Flipkart acquisition battle has become a 4D game of chess (Livemint)