Indian markets will continue to gain in 2024, supported by steady earnings growth and macroeconomic stability, Goldman Sachs analysts led by Timothy Moe said.
No sector has emerged to lead India's growth in decades. But even if it were to grow & become 3rd-largest economy, its real challenge would remain — eliminating multidimensional poverty.
Sustained sectoral growth, accounting for around 60% of overall output, indicates India's economy will continue to outpace many of its major peers over the coming quarters.
In the process of keeping control of their inherited parties, they indulge in ruinous financial in-discipline & retard the economic growth of the states that they rule.
Medium-term impact of pandemic means some lowering of India's sustainable growth rate is inevitable. The fact that we are fastest-growing in the world is only a relative benchmark.
There should be an independent body that analyses each state and provide analysis of benefits of spending on different heads, writes Seth Ramachandiran.
Having received additional data on Covid-impacted 2020-21, govt has revised the year’s growth upwards in each revision. Growth for post-pandemic 2021-22 has also been estimated higher.
While saying that higher interest rates affect growth more than inflation, the two members said raising rates further could result in 'unacceptably low' growth in 2023-24.
Indian judiciary has a corrosive imbalance between the bar and the bench. Those who supervise the district judiciary do so without the lived experience that is essential for meaningful reform.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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