Credit Suisse expects domestic earnings to grow 15 per cent over the next one year and market returns could be in line with that
Lower GDP growth, RBI rate hikes, reversal of base effect to blunt credit growth, analysts say
Says strong macro fundamentals place country in good stead
Agencies such as GroupM, Dentsu and Interpublic Groupe's Magna remain bullish about domestic ad spends; 2022 to close at 15% in terms of adex growth, they say
Steel consumption, commercial vehicle sales and some other sectors help economy
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All kinds of policies have been tried to boost Indian exports, but nothing has worked. Maybe, sociology holds the answers
Here is our morning brief of today's top headlines
The growth had fallen drastically from 13.5 per cent in the April-June quarter and was even lower than last year's number of 8.4 per cent
With the GDP numbers out, the deficit stood at 4.7 per cent of GDP in the first six months of FY23
GDP grew 7.6 per cent in the September quarter of FY23 over the comparable period in FY20, which was before the pandemic
While on the growth outlook of the next financial year FY24, he said he is optimistic on the growth story than many of global agencies forecast
The Indian economy is on track to achieve a 6.8-7 per cent GDP growth in the current fiscal, Chief Economic Advsior V Anantha Nageswaran said on Wednesday. He said the economic recovery momentum is continuing and the GDP is averaging the 2019-20 level. "In 2022-23, the economy is on track to reach a 6.8-7 per cent growth in the current fiscal," he said, adding festival sales, PMI, bank credit growth and auto sales data shows that the economy has maintained momentum despite global headwinds. The IMF has projected Indian economy to grow at 6.8 per cent this fiscal, while the RBI has pegged it at 7 per cent. India's economic growth slowed down to 6.3 per cent in the July-September quarter of this fiscal, as against 8.4 per cent in the same period 2021-22. India's economy grew by 9.7 per cent growth in the first half (April-September) of this fiscal.
Growth numbers for the second quarter of the current financial year are scheduled to be out today
Finance ministry expects moderation in retail inflation in FY24
The government, reports suggest, may rationalise long-term capital gains tax (LTCG) structure by bringing parity between similar asset classes
Centre expects the gross tax revenue to be "at least" Rs 3-3.5 trillion above the FY23 target of Rs 27.6 trillion
Says India is set to be second-fastest growing G-20 economy in FY23, despite decelerating global demand and tightening of monetary policy to manage inflationary pressures
Lenders may have to raise deposit rates at faster pace, says senior executive of agency
Business Standard brings you the top headlines this hour