India’s economic growth resembles 2003-07: Morgan Stanley report

India’s economic growth resembles 2003-07: Morgan Stanley report

NEW DELHI: India’s current economic growth rate, driven by a surge in investments, is similar to the period between 2003 and 2007 when the country witnessed an average growth rate of over 8 per cent, as per economists at Morgan Stanley. In their report titled ‘The Viewpoint: India – Why this feels like 2003-07’, Morgan … Read more

investment: Investment seen powering growth in 2024 amidst rural consumption surge and inflation relief

investment: Investment seen powering growth in 2024 amidst rural consumption surge and inflation relief

New Delhi: Both private and government investments are likely to be the primary driver of economic growth in 2024, backed by improving prospects of rural consumption with easing of inflation and increased spending in an election year, economists said. “We expect a pickup in corporate capex when the Union budget is presented after the general … Read more

FPIs flood Indian equity markets, infuse Rs 1.5 lakh crore in 2023 despite global uncertainty

FPIs flood Indian equity markets, infuse Rs 1.5 lakh crore in 2023 despite global uncertainty

NEW DELHI: In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024.This follows Indian equities witnessing … Read more