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Sticky inflation may spoil the party for equity investors
Brent crude has surpassed $85 level, exacerbating worries of price rise
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The ‘feel good’ reason
A few indicators of the economy might provide reason for optimism following a few seasons of overwhelming misery.
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India to be fastest growing economy, to grow at 9.5% in 2021: IMF projections
World is expected to grow at 5.9% in 2021 and 4.9% in 2022, according to the World Economic Outlook update
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Inflation likely to peak by end of year: IMF
Consumer prices may recede to pre-pandemic levels by the middle of next year
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Consumers at risk due to limited disclosure to cryptos: IMF
The IMF said that many of these entities lack strong operational, governance and risk practices.
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Cryptos pose financial stability challenges to economies
Decentralised finance could become a platform for more innovative, inclusive, and transparent financial services
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Can exports come to the rescue?
India’s growth rate of exports was higher than that of China and Vietnam, though their revenues were higher at $15.5 billion and $8.8 billion respec
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SGX Nifty indicates a positive start for Indian indices
Overseas, Asian stocks traded lower on Wednesday, with stocks in Hong Kong struggling to recover from a two-day rout.
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IMF cuts India’s GDP growth forecast to 9.5% for FY22
For 2022-23, IMF expects economic growth of 8.5%, larger than the 6.9% it had projected in April
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Forex reserves cross $600 billion mark for first time
The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets
