QUOTE AND NEWS
The Hindu Business Line  Mar 14  Comment 
Chief Economic Advisor Arvind Subramanian says India can afford it only if a few of the existing welfare programmes are phased out
The Economic Times  Mar 14  Comment 
Nobody was able to predict the "magnitude of the UP election", just as Brexit vote or the US election, he said.
The Economic Times  Mar 14  Comment 
"Before demonetisation, the cash to GDP ratio was something like 12 per cent. Going forward, that should come down if demonetisation is to be deemed successful," he said.
The Economic Times  Mar 14  Comment 
Arvind Subramanian underlined that at times there is no other way to solve the problem but to write off the mountain of debt.
The Economic Times  Mar 13  Comment 
The CEA also said that it was a "big surprise" that votes are sought in our country for building highways but not for health and education infrastructure. He hoped this changes.
The Economic Times  Mar 4  Comment 
CEA has estimated that capacity utilisation of coal-based thermal power plants will fall to as low as 48 per cent by 2022 as additional non-thermal electricity generation capacities come on stream.
The Economic Times  Mar 2  Comment 
The national carrier, staying afloat on a Rs 30,000-crore bailout package from the central govt, is working on ways to improve its financial position.
MarketWatch  Feb 24  Comment 
Kevin Hassett, an economist at the American Enterprise Institute, will be named chairman of the White House Council of Economic Advisers, Politico reported. Hassett is most known for co-authoring a book forecasting the Dow reaching 36,000 just...
The Hindu Business Line  Feb 24  Comment 
The issue is impacting investments, growth: CEA Subramanian
The Hindu Business Line  Feb 22  Comment 
Government in touch with the RBI on this matter, says CEA




 
TOP CONTRIBUTORS

China Eastern Airlines Corporation Limited (China Eastern), one of the three largest airliners in China by fleet size and the primary air carrier serving Shanghai, was founded in 1995 and is headquartered in Shanghai, China. China Eastern, together with its subsidiaries, engages in the airline operations in China, and internationally. It provides domestic and international passenger, cargo, and mail airline services. The company is also involved in the logistics and property management operations and provision of air catering, pilot training, aircraft repair and maintenance, flight simulation, and airport ground services. China Eastern accounted for approximately 23.0% of the total commercial air traffic (as measured in tonne-kilometers) handled by Chinese airlines in 2006. China Eastern operates primarily from Shanghai's Hongqiao Airport and Pudong International Airport. As of December 31, 2006, China Eastern operated a fleet of 205 aircraft. China Eastern is a subsidiary of state-owned China Eastern Airlines Holding Company, which owns 59.67% of China Eastern.

China Eastern recorded a sharp profit increase in the third quarter mainly due to strong passenger demand and the Chinese currency appreciating versus the US dollar. Although volatile fuel prices and fewer operating efficiencies still hurt China Eastern's operating performance, China Eastern is well positioned to leverage the growth potential of aviation industry in China. Other factors including an appreciating Chinese currency, high discount of ADS price to A share price, and expected operating efficiencies brought by its strategic partners should also support its stock price. We think its current price fairly reflects most factors. Therefore, we are maintaining Hold recommendation for its stock.




References

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