[ad_1] The central government has absolute power with a clear mandate, but the directions of the center have to be well executed at the state level. So, there are many things that are still not in Modi’s hands, say Ramdev AgarwalIn an interview with Joint Managing Director, Motilal Oswal Financial Services Narendra Nathan And Sanket Dhanorkar, Are we looking at a multi-year bull run? I think the market has not yet priced in to the full potential of the economy. For the first time a true nationalist has come to…
Tag: growth
Indian dating apps, services see growth in paying users in smaller cities
[ad_1] Users are willing to pay Rs 699 per week and up to Rs 3,000 per hour for a dating coach. essence According to companies like Aisle and TrulyMadly, which have millions of users and position themselves as “serious” dating apps, and for high-end dating services like Surf Coffee, there are plenty of such places. More users are not only keen on using these apps, but are also willing to pay for it. New Delhi: For Indian dating apps and services, smaller cities and towns are now witnessing more growth…
Repo growth fails to dampen attractiveness for rate sensitive stocks
[ad_1] MUMBAI: The Reserve Bank’s second consecutive month of hike in interest rates has not quelled investor appetite for stocks of interest rate-sensitive companies such as banks, real estate and automobiles. but, Analysts warn that forward rate increases This could result in fewer stocks remaining attractive as investors assess the impact of higher interest rates on demand. Analysts are positive on residential developers in the real estate and auto sectors, but less optimistic about lenders. Mahindra & Mahindra, and are seen as more attractive bets at the moment. Sanjeev Prasad,…
RBI retains FY23 GDP growth forecast at 7.2%
[ad_1] reserve Bank of India (reserve Bank of India) on Wednesday kept its FY23 real economic growth forecast for the country unchanged at 7.2%, indicating that the risks are more or less evenly balanced since the April forecast. It now projects real GDP growth in Q1 at 16.2%; Q2 at 6.2%; Q3 at 4.1%; And Q4 at 4%. The forecast appears to be in a decreasing favorable base effect with the passing quarter of this financial year. The central bank refrained from revising its GDP growth forecast or inflation forecast…
Fiscal spending will drive growth: Finance Minister Nirmala Sitharaman
[ad_1] Finance Minister Nirmala Sitharaman on Monday said economic growth will continue to boost investment along with fiscal spending. It will “speed up the economy based on the idea of growth at the macro level complemented by all-inclusive welfare at the micro level”, she said. Sitharaman was speaking at a virtual meeting of BRICS group finance ministers and central bank governors. The statement underscores the government’s continued focus on capex, as it bets big on its high multiplier effect. The Center has budgeted a capital expenditure of Rs 7.50 trillion…