India Economy News: India s economy likely grew at 7% in Q2, higher than the Reserve Bank of India s MPC s estimate, according to ICRA. The growth is expected to moderate in Q2 from Q1, influenced by normalizing base and erratic monsoon. The firm maintains a FY2024 GDP growth estimate at 6.0%, lower than the MPC s projection of 6.5%.
Summary: Markets remain nervous as new local lows were probed yesterday in the US equities but were rejected just ahead of the 200-day moving average
Thailand's retail industry, thanks to the recovery of tourism, is forecast to grow by 6-8% in 2023, double the rate of the country's GDP, said the Thai Retailers Association (TRA).
Summary: This week, markets will be digesting the slew of central bank meetings from last week, along with the bumper jobs report, as more Fed speake