'We are becoming a macro image of Pakistan'

'If we go in the same direction as them, we cannot expect a different result from them.''Our fall is going to be very swift.''Within a decade, we can expect the situation to change for the worse.'......

AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......