Pranjul Bhandari’s Post

In the face of global and domestic challenges, the Indian economy stood strong in 2023. Is the upcoming year 2024 poised for significant shifts in India's growth dynamics?   Unlock answers with expert economists, as they delve into these changes at CRISIL's 8th edition of India Outlook Seminar. Save your seat for this enlightening session: https://bit.ly/3UCLLUZ Neelkanth Mishra | Ila Patnaik | Dharmakirti Joshi #IndiaInc #EconomicGrowth #CRISILIndiaOutlook2024

6 out of 10 Best performing Global indices in last 10 years belong to India. It is believed that an equity indice is a barometer of an Economy. Performance speaks louder then words. #India

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Which sectors are immune to global events? Where should you invest with current global factors in mind? Mihir Vora believes that India’s growth trajectory, compared to major global economies, is expected to outperform. He highlights that domestic-focused sectors such as banks, NBFCs, financial services, and insurance are poised to be key drivers of the Indian economy. These sectors, being a significant part of the market, are likely to fuel market growth as well. Mihir Vora also emphasizes the resilience of the consumption theme, which is expected to remain relatively immune to both domestic and global challenges. Other investment-focused sectors, including real estate, manufacturing, and capital goods, are also set to perform well. However, he is underweight on IT, metals, and energy sectors due to their strong correlation with global prices. Pharmaceuticals, on the other hand, offer a balanced outlook. Watch this excerpt for his full analysis on sectors to watch in the current market climate. #InvestmentStrategy #MihirVora #IndiaGrowth #DomesticSectors #aiiweathersectors Watch: https://lnkd.in/gQEQYhzJ ICICIDirect

If one goes by the The World Bank projections, India is expected to be the fastest-performing economy, but the overall momentum would probably be more moderate. A steady growth rate of 6.7% is projected for the next three FYs, but we can and should aim to certainly exceed that by further augmenting domestic demand and maintaining our surge in CAPEX. https://lnkd.in/dgNxyeE5 #WorldBank #economy #india #future

🌟 Is India’s Growth Momentum Cooling? Insights from HSBC Global Research 🌟 India’s economy has been a story of resilience and dynamism. However, as per a recent HSBC Global Research report, 55% of the economy continues to grow positively, albeit a decline from 65% a quarter ago, signaling a moderation phase. Let’s break it down! 📊 💡 What’s Thriving? Agriculture: 60% of indicators show positive trends, hinting at sectoral improvements. 🌾 Construction: Infrastructure and real estate projects are driving growth, although at a slightly moderated pace. 🏗️ Tourism: Pent-up travel demand has boosted tourism-related activities significantly. ✈️ 💡 What’s Slowing Down? Consumer Finance: Softer growth, as RBI curbs over-leveraging in personal loans. 🏦 Mining & Utilities: Sharp decline, with no indicators showing positive growth. 🪨⚡ Communication & Consumption: Tariff hikes and slowing rural-urban demand have stalled growth. 📞 📈 Opportunities Amidst Challenges India’s export basket is diversifying, with professional services holding up export growth. Electronics manufacturing and digital startups, after a booming phase, are normalizing to sustainable levels. 🌐 This phase of moderation isn’t a setback but an adjustment to a more sustainable trajectory. With long-term fundamentals intact and sectors like construction, services, and manufacturing adapting, India remains well-positioned for future growth. 🌟

#ForvisMazarsOutlook | Curious about the forces driving India's economy? Our latest India macro tracker series has the answers.   Explore how real income fluctuations, inflationary trends, and international trade dynamics are shaping the nation's future. Our detailed analysis provides a comprehensive overview of growth projections, sectoral performance, and pivotal market movements.   With insights from leading financial institutions and up-to-date market data, our tracker provides the essential information you need to understand the changing economic climate.   Download the report now to stay ahead of the curve: https://lnkd.in/gNcBV7vT   Bharat Dhawan | Gul Basantani | Shree Parthasarathy | Dr. Sanjay Bhhardwaj | Ankur Malhotra | Raveena M.   #ThoughtLeadership #MacroTracker #GDP #Facts #Growth #EconomicAnalysis #ForvisMazars #ForvisMazarsinIndia #WeAreForvisMazars 

Fitch raises India's growth forecast for FY25 to 7.2%. - Growth forecast raised to 7.2% from 7%. The Global Economic Outlook 2024 of Fitch has come out, wherein growth rate has been increased to 7.2% from 7%...: TIMES NOW's Pragya Kaushika shares more details on the same #India #FitchFy25 #News #TimesNow #TimesNowNews

#india #Economy #Sector #InvestmentOpportunity #Growth India's economy took off in Q1 of 2024, growing by a whopping 7.8%, way above the 6.7% that was expected. Indian economy has shown robust growth across various sectors over the past five years. Here's the breakdown:

S&P Global Ratings ups India growth forecast to 6.8 per cent for FY25 The Indian economy is estimated to have clocked a growth of 7.6 per cent in the current fiscal. #Global #Ratings #India #growthforecast #Indianeconomy #growth #currentfiscal #goodnews #positivenews