This has allowed Bangladesh to close the economy gap with its giant neighbour. According to economists, Bangladesh’s economic growth has been underpinned by its fast-growing export sector and a steady rise in rate of savings and investment in the country. In contrast, India’s exports have stagnated in recent years, while savings and investment have declined. … [Read more...] about IMF says Indian economy likely to fare worse than some global and South Asian peers
Imf gdp forecast for india
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Q2 GDP prints likely to show significant sequential pullback; will it cheer the market?
Highlights- GDP springs a positive surprise after better-than-expected corporate earnings - Overall top line growth of India Inc in line with demand picture reflected in GDP data - Q2 corporate earnings picture had benefits of moratorium and SC standstill on NPAs - Cost optimization key driver of Q2 profitability - Extreme cost control might crimp demand and drag future growth - If companies revert to near pre-COVID expenses, then earnings surprise could be limited - Q2 has by far been the biggest surprise and is unlikely to be repeated … [Read more...] about Is the recovery here to surprise us quarter after quarter?
Analysts, including Ghosh, say that the RBI purchasing bonds through OMOs can be termed as ‘indirect monetisation’. The central banks has been active in purchasing central government bonds (g-secs), in greater volumes than any other year, thus helping keep the centre’s finances afloat. The same will now be done for the states. … [Read more...] about RBI offers ‘indirect monetisation’ route to states to help with their stretched finances
Speaking about the recent agriculture laws and labour codes being passed in Parliament, Modi said: “I am confident that these reforms undertaken in the last few months will help increase the growth rate and returns in both the manufacturing and agriculture sectors. Moreover, it will also signal to the world that this is a new India which believes in markets and market forces.” … [Read more...] about Economy getting back on track faster than expected, says PM Modi