Earnings season, global cues to shape market trends
Markets will continue to focus on the earnings season and global cues in the upcoming week.
Markets will continue to focus on the earnings season and global cues in the upcoming week.
The decline in CAD reflects a strengthening of the macroeconomic fundamentals of the Indian economy.
Within global economies, America’s resilience shines brightly, defying the dire predictions of naysayers and sceptics. Against a backdrop of uncertainty and volatility, the US economy has emerged as a bastion of strength and vitality, demonstrating a remarkable ability to weather storms and navigate through turbulent waters.
Money makes the world go round, so sang Sally Bowles in the famous movie Cabaret. Money today keeps the global economy ticking, and if the central banks stop printing money, we would already be in a 1930s Depression.
In the narrative of a nation’s economic performance, GDP growth often takes centre stage, like the star student’s report card that parents eagerly await.
In the upcoming interim budget, the government is likely to follow the fiscal consolidation path and may announce a fiscal deficit target of 5.3% of the gross domestic product (GDP) for 2024-25 (FY25), said Goldman Sachs on Friday.
In 2024, India is projected to grow at 6.2% supported by robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations said.
The US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year.
As we approach the end of fiscal year 2023-24, the Centre is steering its economic ship through turbulent waters, aiming to achieve a fiscal deficit target of 5.9 per cent of Gross Domestic Product (GDP).
In the realm of global economics, India is silently orchestrating a logistics revolution that is reshaping its competitiveness on the world stage.
