There is nothing wrong with the budget, as it aligns with India’s long-term growth trajectory. However, the domestic investors had a wide expectation on the budget. Anticipated both revenue and capital expenditure to be increased further and expand the positive vibes built on by the vote of accounts and national […]
economy
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2024 budget, Indian stock market investors are strategizing their moves to navigate the anticipated fiscal policies. The upcoming budget is expected to be themed on fiscal prudence, capex spending to help create jobs and targeted social sector spending. […]
Concerns are mounting on India’s economic policy front, shows the India Economic Policy Uncertainty Index. The index has been wobbly lately and shot up again in June to 137.61 from 83.04 in May and 137.18 in April. The chart below shows the volatile trend in the index. The jump seen […]
European equities gained, tracking a rally in US peers, as investors anticipated the region’s central bank will cut interest rates further to protect the economy from any severe damage. The Stoxx Europe 600 Index gained 0.5% by 8:17 a.m. in London. The technology, retail and industrial sectors led the advance, […]
Indian equity markets managed to recover some ground on Wednesday, with the benchmark Nifty 50 index rising 3%. However, this did not fully offset Tuesday’s massive losses. The outcome of the Lok Sabha election 2024 – a fractured mandate and coalition government—was far from the Street’s lofty expectations of a […]
BUENOS AIRES, Argentina — Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy. Prices rose at […]
BY THE END of March 2020 the number of individuals registered to trade with India’s National Stock Exchange (NSE) totalled just 31m (of a population of 1.4bn). In the months that followed, even as a new virus upended global society, another bug was quietly spreading among the Indian middle classes: […]