Indian stock indices touched their fresh lifetime highs briefly after the opening bell Thursday, continuing their uptrend from the previous session, primarily due to a moderation in inflation in May - both in India and the US. Other domestic economic parameters too are robust.
Bank credit growth is expected to moderate 200 basis points (100 basis points is equal to 1 percentage point) to 14 per cent this year after an estimated robust growth of 16 per cent last financial year, according to Crisil Ratings.
According to a JP Morgan report, despite experiencing robust GDP growth of nearly 5 per cent in the third quarter, projections suggest a slowdown with expected growth rates of 1-2 per cent in the fourth quarter and 0-1 per cent in the first half of 2024.
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
The consistent inflow of foreign portfolio funds, firm economic outlook, firm global markets, and a relative moderation in inflation contributed to the latest bull run in Indian stocks.
The consistent inflow of foreign portfolio funds, firm economic outlook, firm global markets, and a relative moderation in inflation contributed to the latest bull run in Indian stocks. Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the fourth straigh
The consistent inflow of foreign portfolio funds, firm economic outlook, and moderation in inflation contributed to the latest bull run in Indian stocks. However, several analysts have been pointing out that any further rally from the current levels is unlikely as valuations are on the hi
Welcoming Dr Al-Issa on his first official visit to India, the President said that India appreciates the role and objectives of the Muslim World League in promoting tolerant values, moderation of consciousness and inter-faith dialogue.
His visit to India comes when a debate is raging around Uniform Civil Code. The Law Commission of India has recently initiated a fresh deliberation on the Uniform Civil Code (UCC) and solicited public views on the same.