Economic Update October 2021

Economic Update October 2021

Monsoon picked up in September after a pause in August and has led to good rainfall this year. This has already led to record kharif food grains as per advanced estimates and with water reservoir levels at 80% of full capacity, is expected to boost Rabi production...
Economic Update September 2021

Economic Update September 2021

India’s Gross Domestic Product (GDP) grew by 20.1% in the first quarter of 2021-22, compared to the 24.4% contraction recorded in the same quarter a year ago. The GDP though is still 9.2% lower than GDP in the same period in FY19-20. Manufacturing and construction...
Capital Market Update September 2021

Capital Market Update September 2021

Domestic economic activity has started normalizing with the receding of the second wave of Covid-19 and the phased reopening of the economy as GDP grows 20% YoY in Q1 FY21. Indian equity markets have remained bullish in the month of August. There has been a record...