The Indian GDP numbers which came on the day when #BharatWasBandh were disappointing. The GDP growth has slumped down to 5.3% in Q4 2011-12. The main decline is due to the manufacturing sector which has witnessed a negative growth. The India economy has now plunged the lowest in nine years. Here is an interesting infrgraphic from ET [...]
GDP
Indian economy was/is termed as one of the fastest growing emerging economies globally. In mid April S&P cut India’s outlook to negative. Reliance had lost it’s number one ranking in terms of market cap to FMCG major ITC. And now… Indian economy has been hit hard by global woes and domestic problems, India’s economic growth rate [...]
The International Monetary Fund has projected that the Indian economy will grow by 9.7 per cent in 2010 and 8.4 per cent in the next fiscal, driven by robust industrial production and macroeconomic performance. However, neighbouring China is expected to grow at an even faster rate of 10.5 per cent in 2010 and 9.6 per [...]
A strong reason why the Indian stock markets rose on Monday that is re arrival of Congress. Congress made people happy as India voted for it. I was really excited my portfolio was almost 32% up in a single day. Markets were merely open for some 50 seconds and caught upper circuit. It first opened [...]
A equity research group Elliot Wave International is predicting that SENSEX could reach 1 lac levels 16 odd years from now in 2025. Do you know it true? I don’t know that this research report is genuine or no? But I personally feel that this can come true as India along with China will be [...]
