Sunday, September 06
The new gross domestic product (GDP) series is set for a major revamp, with the government introducing changes such as imputation of value of government provided housing, inclusion of Limited Liability Partnerships (LLPs), and revised deflators for sectors like mining, financial services, and real estate.For the estimation of non-financial private corporate sector, multi-activity firms will no longer have their entire output attributed to a single major line of business; instead, activity-wise turnover reporting in company filings will be used to split output and gross value added (GVA) across segments, according to a discussion paper issued by the statistics ministry on Friday. To measure the unincorporated sector, the new series will calculate GVA directly each year using productivity da
Indian markets remain choppy, but investor opportunities continue to emerge across banking, autos, consumption and select digital stocks, says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital. In an interview with ET Now, he outlined where he sees clear value—and where caution is warranted.IndusInd Bank: Buy now, but wait a yearBandyopadhyay remains bullish on IndusInd Bank, which trades near 1x book value, calling the valuation “very attractive.” He believes the management reboot under Rajiv Anand, promoter capital infusion, and loan book clean-up are positives.But investors must stay patient: “Buy now, but wait at least a year for the turnaround to reflect in numbers,” says Bandyopadhyay.He flagged that unsecured and microfinance loans still need cleanup, but long-term pr
Foreign Institutional Investors’ (FIIs) have been net buyers of Indian equities in November so far, offloading shares worth Rs 3,788 crore, taking the total outflow tally to Rs 1,43,698 crore in 2025.In the week gone, FIIs selling was to the tune of Rs 188 crore this week amid bouts of buying activity. The Friday sell-off stood at Rs 1,766.05 crore.Commenting on the current trends, Vinod Nair, Head of Research, Geojit Investments said that the selling by foreign investors moderated this week supported by stronger Q2 earnings, easing inflation, and optimism around India–US trade negotiations. "Bullish sentiment continued through the week. A moderation in FII selling – driven by expectations of earnings upgrades in H2FY26 – also aided the valuations. However, markets turned volatile
