Morgan Stanley stays Overweight on India; ICICI Bank, Gail among top 4 stocks in focus list

Morgan Stanley stays Overweight on India; ICICI Bank, Gail among top 4 stocks in focus list

Finally! Some good news for emerging markets which witnessed huge foreign money outflows thanks to the rise in the US Dollar. In 2018, a tricky handoff in growth, policy and inflation drove a rolling bear market. However, for 2019, Morgan Stanley expects a larger turning point in a number of multi-year trends. Emerging Markets (EM) assets should outperform. The global investment bank thinks that the bear market is mostly over for EM, has further to go in US credit and is about to begin for the US dollar. [“source=cnbc”]  

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Truecaller Pay UPI-Based Payments Service Launched in Partnership With ICICI Bank

Truecaller Pay UPI-Based Payments Service Launched in Partnership With ICICI Bank

Caller ID application Truecaller on Tuesday announced a partnership with ICICI Bank, to allow people to send and receive payments through the app. Called Truecaller Pay, it leverages the Unified Payments Interface (UPI) to power payments from your ICICI Bank account. For now, the Truecaller Pay feature will only be available via Truecaller 8 for Android. At the press conference to announce the new features, Truecaller CEO and co-founder Alan Mamedi said that the company is now able to show the true potential of Truecaller. “We have been able to…

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