Economists at the country’s largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country’s economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come “closer to” 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.
Posts in category All News
European shares open higher, tracking advance in US stock futures (06-11-2024)
Trump back in the White House is seen as bullish for European defence stocks, given his warnings to scale back U.S. military support in the region and force NATO members to spend 2% or more of their GDP on defence
Can Trump fix it? Sensex jumps 1,000 points on market turnaround hopes (06-11-2024)
The slogan “Trump will fix it” is gaining traction on Dalal Street, with the Sensex rising over 1,000 points after Trump’s projected win. Indian IT stocks are major beneficiaries, boosted by a stronger dollar and Trump’s tax cuts. Analysts suggest India’s economy could benefit from lower oil prices and supply chain shifts, though trade tensions may hurt exports.
Donald Trump makes historic comeback as US President (06-11-2024)
The potential victory marks a significant political resurgence for Trump, who has navigated a challenging electoral landscape to potentially reclaim the presidency. This development is being heralded as one of the most remarkable comebacks in American political history.
Neuland Laboratories Ltd leads losers in ‘A’ group (06-11-2024)
Hindustan Zinc Ltd, Five-Star Business Finance Ltd, Great Eastern Shipping Company Ltd and Triveni Engineering and Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 06 November 2024.
My Evolution Portfolio: The ‘When,’ ‘Why,’ & ‘What’ (06-11-2024)
To be honest, I don’t understand the complexities in pharma sector w.r.t their products, R&D and valuations since every medicine is having a different purpose, different margin and different lifecycle. And I don’t invest if I don’t have atleast the basic understanding of the business. But I prefer the healthcare (hospitals) sector but the valuations doesn’t look cheap now.
However, I would be more than happy to learn from you all here.
Regarding green energy theme, YES, I am very bullish on this theme. I believe the demand in this sector will keep on increasing irrespective of government, climate, economic conditions or any other macro conditions. World is moving towards and investing heavily in circular economy and renewable theme. And my conviction further increases as I am a avid nature lover! Cheers!!
‘Answered all questions, told them truth,’ says Siddaramaiah after deposing before Lokayukta police (06-11-2024)
Karnataka Chief Minister Siddaramaiah was questioned by Lokayukta police for two hours regarding allegations of illegal land allotments to his wife. Siddaramaiah maintained his innocence, stating that all transactions were legal and dismissing the accusations as false.
Cyient DLM secures 16-year aerospace contract with Honeywell (06-11-2024)
The shares of Cyient DLM Limited were trading at ₹644.85 up by ₹11.80 or 1.86 per cent on the NSE today at 1.40 pm