by Karan Vora | Feb 26, 2020 | Insights
The first advance estimates (FAE) released by the National Statistical Office (NSO) on January 7, 2020 placed India’s real gross domestic product (GDP) growth for 2019-20 at 5.0 per cent. In its January 31 release, the NSO revised real GDP growth for 2018-19 to 6.1...
by Karan Vora | Jan 30, 2020 | Insights
2019 saw India’s GDP growth slowed down in light of IL&FS crisis and subdued global economy. Reserve Bank of India revised GDP growth to 5% for 2019-20 in its December policy from 6.1% in its October policy. The impact on capital markets was mixed as while the IPO...
by Karan Vora | Jan 22, 2020 | Insights
Indian Economic activity remained subdued in the month of November 2019. Gross domestic product (GDP) growth moderated to 4.5 per cent year-on-year (y-o-y) in Q2:2019-20, extending a sequential deceleration to the sixth consecutive quarter. Real GDP growth was weighed...
by Karan Vora | Jan 17, 2020 | Insights
RBI’s monetary policy committee maintained the accommodative stance and slashed the repo rate by 25 bps to 5.15% from 5.40% on 4th October 2019. The rate was earlier reduced by 35 basis points from 5.75% to 5.40% in August 2019. This is 5th consecutive rate cut by RBI...
by Karan Vora | Jan 17, 2020 | Insights
This article was published by Journal of Chartered Accountants Association in the issue of October 2019. Link to Journal of Chartered Accountants Association, Ahmedabad: https://www.caa-ahm.org/JournalDetail.php Link to published...
