by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India’s impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
by AIP Online Bureau | May 31, 2024 | Eco/Invest/Demography, Indian News, Policy
The growth propelled the Indian economy to USD 3.5 trillion and set the stage for achieving the USD 5-trillion target in the next few years Financial, real estate and professional services grew 7.6 per cent in the March 2023 quarter compared to 9.2 per cent in the...
by AIP Online Bureau | Mar 6, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
He reiterated that the RBI’s monetary policy committee remained focused on bringing inflation down to its target of 4% and, despite prices being on a clear downward trajectory, major uncertainties such as geopolitical and weather risks remained Mumbai: The...
by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031,” Crisil said.India, with a GDP size of USD 3.6 trillion, is...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy
“Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...
