INDIAN ECONOMY OUTLOOK
Indian growth story based on strong eco fundamentals: Ambassador Shringla
“India is on the march! It became a 3.0 trillion economy this year (IMF World Economic Outlook, Oct 2019). It took us nearly 60 years after independence to reach the 1 trillion mark, only 12 years since then to take it to 3.0 trillion and only 5 years, from 2014-2019, to take it from 2.0 trillion to 3.0 trillion.
India’s economy is sputtering. But its stock market powers ahead
Economic growth is at the lowest since before Prime Minister Modi came to po...
S&P reaffirms India’s sovereign rating at BBB- with stable outlook
“S&P has reaffirmed sovereign rating of India at BBB- with stable outlook....
Has D-Street’s divergence with Indian economy run its course?
Top global brokerages are getting skeptical on record-breaking Indian stocks.
RBI throws ball back in govt’s court to boost growth: Analysts
The central bank acknowledged that it was concerned about inflation in the near-term.
Rupee slips over 6 paise after RBI leaves policy rate unchanged
The currency opened 5 paise higher earlier in the session.
Sensex slips 150 pts from day's high after RBI holds repo rate at 5.15%
As many as 21 stocks in the Sensex pack were trading in the red after the outcome.
Is the ‘darkest before dawn’ story playing out in midcaps, smallcaps?
There has seen a sharp underperformance of the broader market vis-a-vis Nifty50.
No 5 per cent slump; India continues to be fastest growing economy: Govt
Union Minister Anurag Thakur said India continues to the fastest growing economy in the world even though many countries in the world are facing economic slowdown. He also said that a number of steps are being taken by the government to strengthen the economy that includes merger of banks and tax concessions to industries.
View: Why rupee may rise despite weak GDP print
According to the latest World Bank report, growth is expected to gradually recover.
RBI rate review: Growth concerns likely to outweigh rise in inflation
The MPC had modestly revised its CPI inflation forecast for Q2 of FY2020 to 3.4 per cent.
View: Strong fiscal stimulus must accompany monetary easing to revive growth
Monetary policy is far more effective in dealing with rising inflation than with a growth slowdown.
Finance Ministry says fundamental of Indian economy robust, reforms to stimulate investments
In a statement soon after Moody's lowered the outlook to negative from stable, the Finance Ministry said India continues to be among the fastest-growing major economies in the world. "India's relative standing remains unaffected," it said citing IMF's recent World Economic Outlook putting Indian economic growth at 6.1% in 2019.
Challenges ahead for most non-financial companies in 2020: Moody's
Moody's expects GDP growth to slow to 6.6 per cent in 2020, weaker than previous years.
GDP data, RBI meet among key factors that may guide D-Street this week
GDP growth rate slipped to 4.5% in the July-September quarter, lowest in over 6 years.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service