In Q1FY24, India’s GDP growth printed at a robust 7.8% YoY, up from 6.1% YoY in the previous quarter. The growth was largely propelled by strong expansion in ‘Financial services, real estate and professional services’. ‘Trade, hotels, transport, and communication’…

Panorama August 2023 edition is out now! Panorama is a meticulously crafted report that offers an overview of the macro factors and market trends influencing the Indian economic landscape. Here are the key insights from the report: The corporate sector…

In July 2023, India Consumer Price Index (CPI) inflation increased to 7.44% YoY from 4.87% in June. Erratic weather conditions, including a delayed monsoon and uneven distribution of rainfall, have resulted in higher food prices. The ‘food and beverages’ inflation…

In August 2023 meeting, RBI’s Monetary Policy Committee (MPC) decided to maintain the repo rate at 6.5% and retained its policy stance. MPC decided to overlook the inflationary surge caused by the vegetables price shock, given its likely short-term nature….