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ADB cuts India’s FY22 economic growth forecast to 10%
The downgrade was mainly on account of the impact of the Covid-19 pandemic
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Uday Kotak lists five focus areas for India
The five things are vaccination, healthcare capacity for managing a potential third wave of the pandemic, schooling, jobs and structural inflation
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Retail inflation numbers reflect an interesting trend
The latest SBI Ecowrap report notes that the decline in June inflation print reveals an across-the-board decline in sequential momentum
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Economy recovering due to targeted fiscal relief, rapid vaccination: Finance Ministry
Maintaining a rapid pace on vaccination would emerge as the most sustainable stimulus for durable recovery of the Indian economy
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"Use market corrections to increase equity allocations"
Investors should moderate their return expectations in the near-term at the back of very strong market performance of the previous 12 months
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Fitch cuts India growth forecast to 10%, says rapid vaccination to support revival
Fitch ratings cut India's growth forecast to 10% for the current fiscal, from 12.8% estimated earlier.
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Investors buying select companies despite rich valuations
As long as we are trading above the current support which seems a more likely scenario, traders are advised to maintain a cautiously bullish bias
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Exports grow 47% to $32.46 billion in June; trade deficit at $9.4 billion
India is a net importer in June 2021 with a trade deficit of $9.4 billion, widened by 1,426.6% over trade surplus of $0.71 billion in June 2020.
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Reform: To fund a welfare state
To deliver financial freedom, one of the major objectives for the reforms should be to earn enough revenues to fund a truly welfare state.
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Government open to more measures to boost economy: CEA KV Subramanian
According to an assessment by the Reserve Bank of India, the second wave has cost the nation about Rs 2 lakh crore in terms of output lost
