Latest Updates Around The World
When the Economic Survey was presented, early indicators pointed to growth prospects marginally better than market expectations, with GDP growth estimated at a range of 6.8% to 7.2%. While the numbers are encouraging, economists say the real story lies in the changing growth engines and evolving policy manual.Speaking to ET Now, Radhika Rao of DBS […]
Stock market sentiment is likely to remain optimistic going forward, although some consolidation cannot be ruled out following the recent sharp rally in benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move to fresh record highs before the end of the year if global cues remain supportive, crude oil prices remain […]
The Indian shares ended Augustus with a second consecutive month of losses, because the Nifty fell by 1.38% in a holiday channel and has registered its weakest stretch of two months since the beginning of 2023. The benchmark index has been weighed by American tariff shocks, foreign fund outflows and profit over the most important […]
Amnish Aggarwal, Hor, PL Capital, says that potential GST reductions on items for daily use and sustainableness can stimulate consumer sentiment and domestic consumption. Although price reductions can be modest, the changes are expected to increase demand, larger brands will benefit and support domestic production. Companies will probably pass on these tax benefits to consumers. […]
