Corporate results galvanize with GST and Monsoons care

The companies such as Maruti Suzuki, Bharti Airtel, Bajaj Auto, and Hindustan Unilever reported upbeat earnings growth for the July-September period,consumption boomed due to pan out supply after the roll out of a nation-wide Goods and Services Tax.The outlook seems positive for companies that cater to rural demand, say analysts this attributes to a healthy monsoon, incomes in rural, agricultural areas are expected to rise.

Gross non-performing assets of 36 banks have increased from Rs 2.94 lakh crore in March 2015 to Rs 8.38 lakh crore by September 2017, says a Care Ratings report.

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