SINGAPORE - Business sentiment among Asia's top companies
deteriorated in the third quarter, led by businesses in export engines
such as China and South Korea, ending three consecutive quarters of
improving sentiment, the latest Thomson Reuters/INSEAD Asia Business
Sentiment survey showed.
Reuters Market Eye - Goldman Sachs remains "underweight" on
Indian shares in its Asia Pacific portfolio and maintains its Nifty
target at 5,700, saying the macro outlook remains challenged which
coupled with tighter financial conditions may lead to lower valuations.
10:25am IST
NEW DELHI - Foreign direct investment inflows into India rose
an annual 12.9 percent in July to $1.66 billion, the government said in
statement released late on Tuesday, the highest monthly inflow for three
months.
BIRENDRA KUMAR
PGDM 3RD
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