Economic Update: December 2023

Economic Update: December 2023

Real gross domestic product (GDP) grew year-on-year (y-o-y) by 7.6% in Q2:2023-24, much higher than the RBI Monetary Policy Committee’s (MPC) earlier projections. The rise in GDP growth was supported by government spending and robust performance in manufacturing,...
Stock Market Update: November 2023

Stock Market Update: November 2023

Secondary Market Update: Markets corrected on account of growing fears of global inflation and an economic downturn, concerns about the lackluster corporate earnings of Indian companies and rising geopolitical tensions in the Middle East. Nifty 50 lost 2.84% and...
Economic Update: November 2023

Economic Update: November 2023

Economic Update: India, the world’s fifth largest economy in the world, is likely to overtake Japan to become the world’s third-largest economy with a GDP of $7.3 trillion by 2030 as per projections by S&P Global Market Intelligence. The acceleration...