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.
Any growth-oriented budget that relies heavily on capital expenditure, however, is fraught with inherent risks. In propounding such a growth-oriented budget, by pushing capital expenditure, the country is exposing itself to the risks of high inflation and, accordingly, the RBI will have to take a call on increasing rates gradually to address inflation
India’s Gross Domestic Product (GDP) is expected to grow 7.4 per cent in the current financial year 2022-23, according to the FICCI Economic Outlook Survey.
Going ahead, Arora said that fiscal and monetary support will continue to nurture growth, especially as recovery in domestic economic activity is yet to be broad-based.
The country's nominal GDP for 2021 amounted to 130.8 trillion rubles ($1.7 trillion).
By modernizing and adopting green technological innovations, India's MSME sector can create new economic opportunities and strengthen its long-term competitiveness.
