India’s roadmap to being a developed nation by 2047 rests largely on the shoulders of the millions of micro, small, and medium enterprises (MSMEs). With over 63 million MSMEs spread across India, the small businesses contribute nearly 40% to India’s exports, about 6.11% to the country’s manufacturing GDP, and 24.63% to the GDP from services…
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READ MOREAs the results for the Oct-Dec quarter are unveiled, insights from management commentaries across various sectors provide valuable indicators of the Indian economy’s health. Businesses serve as the backbone of the economy, and their performance reflects the overall economic landscape. By examining key sectors and their respective performances, we aim to share a comprehensive overview…
READ MOREInflation data from the United States, Europe and Japan will frame the week with key PMI numbers due in China, and policymakers are gathering to debate how to restart the stuttering economic growth engine that is global trade. Meanwhile Ukraine marks the second anniversary of Russia’s invasion. 1/OUTSTRIPPING EXPECTATIONS Recent data such as consumer prices,…
READ MOREFor a lesson in the perils of being a skeptic on Wall Street when everyone else is a buyer, consider Rob Arnott, who made a sensible case five months ago that Nvidia Corp. had become a bubble. “A textbook story of a Big Market Delusion” is how the venerable founder of Research Affiliates called it,…
READ MOREA stunning reversal in Chinese stocks from world’s worst to best performers is stoking cautious optimism that the rally will continue as long as favorable market policies remain in place. Rarely has a week gone by in 2024 without Beijing unleashing new measures to buttress the market or the economy. That policy resolve has pushed…
READ MORESeventy per cent of MSMEs believe more than half of their retail sales will be via UPI, was the key revelation of the NeoInsights study titled ‘Decoding Digital Payments: A Retailer Perspective’, released today by NeoGrowth, an MSME-focused digital lender in India. The study was based on a comprehensive assessment of NeoGrowth’s customer data set…
READ MOREIt’s all about inflation everywhere and from the race to inflation to race to deflation amongst various countries, it has contributed heavily to shaping the currency dynamics. To understand inflationary/deflationary trends, it’s important to understand the historical causes of inflation, its components, and the measures taken. Agencies Factors contributing to inflation: In 1975, inflation in…
READ MOREThe S&P 500 and Dow Jones industrials eked out small gains on Wednesday, while the Nasdaq closed lower for a third straight session as investors awaited the release of Nvidia’s earnings that could determine near-term momentum for equities. After the closing bell, Nvidia shares surged 6% after it forecast fiscal first-quarter revenue above estimates on…
READ MOREWith investors presuming that the worst of the regulatory crisis is behind for Vijay Shekhar Sharma, Paytm shares on Tuesday hit the 5% upper circuit limit for the third straight session at Rs 376.45 on BSE. In the last 3 days of non-stop rally, the stock is up 16%. The interest in Paytm, which has…
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