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.
The government finances are also on sound footing this year and the impact of the second wave in activity and tax collections has been rather muted.
This is slightly above the 6.5 per cent forecast in the previous survey report released by MAS this June, reports Xinhua news agency.
The agriculture sector has been pandemic resilient. Its output is 8 percent above the pre-pandemic level. A below-normal monsoon poses a risk to its growth in FY22.
Pakistan was retained on the grey list as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups.
The second challenge arises from the fact that most B3W investments would be from the private sector, intending to seek profits within new markets.