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News digest: Q4 preview, govt borrowing, Air India sale, Defexpo, and more

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Q4 preview: March quarter estimates show earnings growth losing steam

The trend of steady improvement in corporate earnings growth seems to be losing steam, with the combined net profit of India’s top 50 companies, which are part of the NSE Nifty50 index, estimated to grow by 10.9 per cent year-on-year (YoY) during the January-March 2018 quarter, down from the 11.5 per cent YoY growth clocked in the third quarter and 40.5 per cent growth during the year-ago quarter. Read more
 
 
Govt borrowing likely to be lower in second half of FY19 than in the

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