India Inc about to kick off earnings super-cycle, may double India’s m-cap by 2030

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MUMBAI: Analysts from ICICI Securities to Morgan Stanley are sounding increasingly certain that the Indian Inc has entered an era of earnings growth not seen over the past decade. The confidence stems from the hope that the Indian and global economies may soon exit the Covid-19 pandemic and enter the roaring 20s of economic prosperity.
Governments, globally, are driving counter-cyclical fiscal policies, which are being augmented by QE (quantitative easing) from major central banks, thereby, increasing…

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