Inflation is expected to remain above the Reserve Bank of India's target level of 4 per cent over the forecast period due to strong economic activity, Majumdar said.
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 wake of the recent announcement that the UK has officially entered a recession, the economic landscape appears increasingly challenging for Prime Minister Rishi Sunak and his Conservative government.
Amid the economic tumult brewing in Japan, the Land of the Rising Sun finds itself grappling with unexpected recessionary winds, ceding its longheld status as the world’s third-largest economy to Germany.
According to the India Exim Bank, the non-oil exports are forecast to amount to $95 billion witnessing an yoy growth of 4.55 per cent, during Q4 (January-March) of FY2024.
Improving outlook for global trade and rising integration in global supply chain will support net external demand.
The 11th International Materials Recycling Conference (IMRC) recently concluded in the city with a positive note with special emphasis on strides in promoting sustainable practices
