Economic Update November 2020

Economic Update November 2020

Indian Economy is pulling out of Covid-19’s impact and recovering at a pace that beats most predictions as per RBI Report. Estimated GDP growth in Q3 is likely to be positive 0.1%. The manufacturing and services purchasing managers’ index (PMI) at 56.3 and 53.7...
Capital Markets Update September 2019

Capital Markets Update September 2019

Indian Economic activity remained weak in the month of August as GDP slumped to 5.0 percent in Q1 2019-20. Monetary policy committee of RBI maintained the accommodative stance and slashed the repo rate by 35 basis points from 5.75% to 5.40% in July 2019. The rate was...