Weak global demand, crisis in NBFCs seen crimping Q1 earnings
New Delhi, July 8 -- Signs of recovery in corporate earnings are missing once again leaving market investors worried. As earnings kick-start on Tuesday, analysts expect the three months ended 30 June to be a soft quarter with moderation in growth across sectors. Headwinds such as weak global demand,crisis in non-banking financial companies (NBFCs) and scaling-back of government spending are deepening the slowdown. Easing of interest rates and commodity prices are the only saving grace, they said....
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