China Chinese Covid-19 Currency Economy electric vehicle Export Exports Import India Indian Investment Manufacturing Oil Pandemic Renminbi Supply Chain War Weather Yuan
Synopsis India’s top companies saw profits soar post-Covid. However, investments lagged. Chief economic adviser V Anantha Nageswaran called for corporate introspection. He highlighted that companies accumulated cash instead of investing in real assets. This forced the public sector to drive growth. Nageswaran stressed the need for private sector investment to seize domestic opportunities and address trade deficits. Chief economic adviser V Anantha Nageswaran on Saturday exhorted the corporate sector to reflect on its choices, pointing out that while the average profitability of top 500 listed companies shot up nearly 31% annually for five years after the Covid-19 pandemic, investments by…
News Timeline:
Track the development of this news story across the Internet.