India economy

Broader consumption may take another quarter to recover; Q2FY26 earnings of companies likely mixed: Report

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Broader consumption may take another quarter to recover; Q2FY26 earnings of companies likely mixed: Report

Broader consumption demand in India may take one more quarter to recover fully, even as some sequential improvement is expected in high-frequency economic indicators, according to a report by Axis Securities. The report suggested that companies may continue to undergo inventory adjustments before consumption patterns normalize. It stated, “the broader consumption demand could still take … Read more

FII inflows driven by relative stability, not blind optimism: Saion Mukherjee

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FII inflows driven by relative stability, not blind optimism: Saion Mukherjee

“The market construct looks quite positive. But I do not think we are out of the woods yet. My concern would be how the economy shapes up globally and for India over the next 12 months we still think there are headwinds to corporate earnings and the risk premium which actually has not really flared … Read more

‘Right mutual funds can beat nifty by 3–4%’: Chirag Muni’s advice for smart investors

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‘Right mutual funds can beat nifty by 3–4%’: Chirag Muni’s advice for smart investors

‘We expect a 10–11% growth in the Nifty over the next year. If you choose the right mutual funds, fund managers could potentially generate 3–4% alpha above that, so a 13–14% return is quite realistic,’ says Chirag Muni, Executive Director, Anand Rathi Wealth Ltd. Excerpts: Q: How are global macro trends like US tariffs and … Read more

India has potential to become $ 55 trillion economy by 2047, says IMF Executive Director Subramanian

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India has potential to become $ 55 trillion economy by 2047, says IMF Executive Director Subramanian

Hyderabad: India has the potential to become a USD 55 trillion economy by 2047 if state and central governments work hard to implement policies that will take the country’s growth from “what has been historically 7 % to 8% (in rupee terms)”, Krishnamurthy V Subramanian, Executive Director of the International Monetary Fund (IMF) said on … Read more

The Hindu Morning Digest: March 1, 2024

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The Hindu Morning Digest: March 1, 2024

A firefighter carries a body of a victim from a fire that broke out at a commercial complex in Dhaka, Bangladesh, on March 1, 2024. | Photo Credit: AP First technical team from India arrives in Maldives The government has confirmed that a team of Indian technical personnel have landed in Maldives to replace military troops that … Read more

Success of India grounded in pursuit of reforms over last years: IMF MD

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Success of India grounded in pursuit of reforms over last years: IMF MD

International Monetary Fund (IMF) Managing Director Kristalina Georgieva | Photo Credit: REUTERS The economic success of India is grounded in the pursuit of reforms over the last years, Managing Director of International Monetary Fund (IMF) Kristalina Georgieva said on February 1 exuding confidence that it would achieve its goal of being a developed nation by … Read more

CEA Anantha Nageswaran exhorts private sector to begin investment

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CEA Anantha Nageswaran exhorts private sector to begin investment

Private sector capital expenditure needs to make a comeback for rebalancing the Indian economy towards investment and manufacturing – from a consumption driven one – V Anantha Nageswaran, India’s Chief Economic Advisor (CEA) said Thursday.“Balance sheets have been largely repaired both in the financial sector and the corporates. The gross savings of the private non-financial … Read more

Provided free foodgrains to 80 crore poor people, no one went hungry during pandemic: Finance Minister Sitharaman

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Provided free foodgrains to 80 crore poor people, no one went hungry during pandemic: Finance Minister Sitharaman

Indian Finance Minister Nirmala Sitharaman | Photo Credit: AP The government ensured that no one went hungry during the pandemic by providing free foodgrains to 80 crore poor people, Finance Minister Nirmala Sitharaman said on February 1. Also Read | Union Budget 2023-24 live updates In times of global challenges, G-20 presidency gives an opportunity … Read more

Centre to come out with ‘Blue Economy’ policy soon: Official

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Centre to come out with ‘Blue Economy’ policy soon: Official

The Centre is likely to come out with a ‘Blue Economy‘ policy, aimed at harnessing ocean resources, in the next couple of months, a senior official said on Friday. The contribution of ‘Blue Economy‘ to the country’s GDP currently stands at approximately four per cent and the policy aims to increase it to double digits … Read more

India to grow at ‘moderately brisk rate’, inflation to ease: Finance Mnistry

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India to grow at ‘moderately brisk rate’, inflation to ease: Finance Mnistry

Image used for representational purpose only. | Photo Credit: The Hindu India is well placed to grow at a “moderately brisk rate” in the coming years on the back of macroeconomic stability, despite global monetary tightening, a Finance Mnistry report said on Thursday. It further said inflationary pressures will ease in the coming months with … Read more