RBI monetary policy 2024: In its first bi-monthly committee meeting for FY24–25, the Reserve Bank of India (RBI) maintained the real GDP growth forecast for the current fiscal year at 7%. The GDP growth target for Q1 FY25 was adjusted to 7.1% from the previous 7.2%, while for Q2 FY25,Read More →
Nifty 50 vs GDP of India: The key benchmark indices of the Indian stock market surged to a new high after India’s Q3 GDP growth saw an impressive growth rate of 8.4% driven by robust manufacturing, highlighting the inherent strength and potential of our economy. However, the domestic equities gotRead More →
Banks, capital goods, and oil and gas stocks catapulted the Nifty index to a record high of 22,353.30 points, and the Sensex to 73,819.21 on Friday. This was driven by provisional domestic institutional investors buying of ₹3,814.53 crore and proprietary trader purchases of ₹618.58 crore, BSE data show. Foreign portfolioRead More →
GDP growth Intent: The budget document is vital to understand GDP growth expected for the next year. The budget is presented two months prior to the start of the next financial year (2024-25) and within a month of the first estimate for the current year (2023-24). Higher growth estimates canRead More →
2023 belongs to the domestic investor, whose faith in the Indian stock market acted as an effective counterweight to the intermittent outflows by foreign portfolio investors (FPIs), on account of rising global interest rates. This compelled the FPI, gripped by FOMO, to re-enter the market at the fagRead More →
Domestic equity benchmarks Nifty 50 and BSE Sensex rose around 20 per cent in 2023, their second-best year since 2017, and were among the top-performing stock indexes globally. The broader small- and mid-caps gained about 55.62 per cent and 46.57 per cent in 2023, far outperforming the blue-chip indexes despiteRead More →
As we stand at the threshold of 2024, the market outlook reveals a delicate balancing act, influenced by numerous of factors both domestically and globally. While the national budget and the general election stand as major internal elements in 2024, the evolving global economic landscape introduces both opportunities and challengesRead More →
Recent data paints a soft picture of India’s exports dynamics. Merchandise exports have contracted in the last three out of four months. The contraction in March came in at a steep 13.9% year-on-year (y-o-y). The decline can be partly attributed to a high base. Then the price effect was atRead More →
In the last full budget before the 2024 elections, Sitharaman tried to address the expectations of large sections of society, including the middle class, small businesses, farmers, women, and high net-worth individuals, offering sops and new schemes. With nine assembly elections in 2023 and the 2024 general elections looming onRead More →
SINGAPORE : The Chinese government is shifting back to growth mode, as a rapid deterioration in economic conditions prompts alarmed officials to turn more of their focus to development after years of criticizing cadres who gave priority to growth at the expense of social stability and fiscal prudence. Read More →
