India’s market capitalization has slipped to $3.2 trillion, the lowest since August 2022 while the global equity market capitalization has risen by $664 billion to $104 trillion in the first month of 2023 according to the data from Bloomberg
Reseñas
Most Adani Group stocks bounce in a relief rally
Adani Total Gas, Adani Wilmar, and Adani Power were locked in their respective lowest trading prices for the day. Still, Adani Group on Tuesday lost ₹4,000 crore in market capitalisation after shedding ₹5.6 lakh crore since last Tuesday, triggered by Hindenburg Research’s report on January 24 that accused the Ahmedabad-based Continue Reading
Finance Minister must focus on getting dollars: Shankar Sharma
So I think just on the basis of probability, we should be looking at an uptrend post budget rather than flat to a downtrend market.
Budget will continue to focus on capex and manufacturing: Ravi Dharamshi
So I think that will remain but the burden needs to shift from central government to state government and private sector on continuing with the capex cycle.
View: Resilient India can brave global headwinds
The world economy is slowing and may experience a major recession later this year. In earlier recessions, India was hit hard, but the Economic Survey is confident that India has become a resilient economy, far more so than others, that will perform well in the face of global headwinds.
Economic Survey strikes right balance between realism & aspiration. Will Budget do the same?
India’s budget will have to deliver an artful balancing act between growth and stability. The reassuring news: simply following the template of the last two years will be a very good starting point. What has been that template? A realistic quantum of fiscal consolidation, conservative tax assumptions, and a strategic Continue Reading
Economic Survey 2022-23: A medium-term plan
The Economic Survey presented in Parliament on Tuesday looks ahead to the medium term while concluding that the pandemic response and recovery phase is now over.
Digital Public Infrastructure can add up to 100 bps to GDP growth: Chief Economic Advisor
The Economic Survey 2022-23 released on Tuesday went big on outlining the role of digital public goods (DPGs) which are being applauded globally.
Infrastructure creation support will steer economy through global crisis: Economic Survey 2022-23
The survey added that while traditional infrastructure sectors such as roads and railways have received a renewed push in recent years, sectors such as inland water transport and civil aviation, which have significant untapped potential, are also being encouraged sufficiently.
India to be USD 5 trillion economy by FY2026: CEA Anantha Nageswaran
“So, USD 5 trillion is something which can happen by 2025-26 or 2026-27 and USD 7 trillion by 2030, depending on how the dollar-rupee (pair) behaves and what our nominal GDP growth in rupee terms is,” Nageswaran told