NBFCs/FinTech’s Landscape – RBI’s lens
India’s NBFCs emerge as financial titans, allocate ₹7 lakh crore to retail – reads the caption of India Finance Report (2023) by RBI’s Centre for Advanced Financial Research and Learning (CAFRAL), last month. In an epochal shift within India’s financial ecosystem, Non-Banking Financial Companies (NBFCs) have emerged as financial titans, making a monumental infusion of […]
Week ending Dec 10, 2023
Indian stocks rose to fresh closing highs on Friday with the Nifty briefly crossing 21,000 in early trade led by gains in large-cap bank and IT stocks. Reserve Bank, while keeping the dovish stance, made series of announcements to strengthen the financial system, each of them likely to have good impact. Nifty and Sensex will […]
Week ending Nov 26, 2023
Indian benchmark indices broadly remained stable last week. Nifty 50, Sensex, and Nifty Bank indices oscillated in a sideways range all through the week and closed marginally higher. The S&P continued to rally last week as risk assets have surged since yields on US Treasuries started to drop in late October. The index closed 2.2% […]
Key developments and notifications- 19th Nov 2023
Nifty 50 and Sensex have risen well for the third consecutive week while the Bankex failed to sustain the break. In US S&P 500 barely gains while Dow ends lower on the back of benign inflation data points. Let’s review key developments and notifications last week. 1. RBI 1a.RBI Googly on Banks/NBFCs RBI followed up […]
Are GOLDen times back?
In today’s economic climate, gold’s role as a financial safe haven is more pronounced than ever. Central banks in developed markets are nearing the end of increasing interest rates, and there’s a general expectation of a slowdown in the US economy towards the end of 2023. Growth in other advanced economies is also expected to […]
Growing global tensions-whither India growth story?
Amidst global tensions, India pursues economic growth and one must navigate the delicate investment sentiment Across the globe, geopolitical tensions have consistently influenced the trajectory of international relations, often casting long shadows over collaborative aspirations, and stunting economic growth. The intricate dance between politics and economics shows how national priorities, historical legacies, and global power […]
India at the Forefront: India emerges as the pillar of global economic growth
Through G20 pledges to Nifty 50 records, India emerges as the pillar of global economic growth. When the leaders of the world’s most significant economies convened in New Delhi for the G20 summit on 9-10 September 2023, the global spotlight was focused on India. Hosting under the theme ‘Vasudhaiva Kutumbakam’, a Sanskrit phrase meaning ‘the world is […]
India at 77- A decade of transformation and the dawn of a new era
As India celebrated its 77th Independence Day, the reverberations of the country’s growth narrative could be felt from the towering Himalayan peaks to the serene coastal shores. The nation’s spirit was epitomised as the esteemed Prime Minister stood on the Red Fort’s ramparts, exuding a palpable confidence and clear vision for India’s economic trajectory. “As […]
India shines bright; posts the highest GDP growth among global peers
The Indian economy has once again proved its resilience and showed a sharp pickup in GDP growth despite the uncertainties and slumping global growth rates. India’s GDP growth accelerated to 13.5% in Q1FY23 as against the 4.1% growth in the previous quarter of 4.1% in Q4FY22. This growth places India at the top rank of […]
Half Yearly Economic Outlook_July23
The global economy is facing a number of challenges in 2023, including geopolitical tensions, inflation, and tightening financial conditions. However, economic activity remains resilient, thanks to strong consumer spending, positive labor market dynamics, and China’s reopening. Advanced economies are expected to experience limited growth of 0.9% in 2023, but the global GDP growth forecast is […]