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Weekly Market Wrap: Rally in the IT sector led D-street to new highs amid mixed global cues. What lies ahead?

Last week, Indian markets witnessed modest gains with Sensex and Nifty hitting new record closing highs in the last trading session led by a sharp rally in IT stocks. ....

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World Bank retains India's growth at 6.3% | Latest News India

India will remain one of the fastest growing major economies even as its growth is expected to moderate to 6.3% in 2023-24 from 7.2% in 2022-23, the report said | Latest News India ....

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S&P keeps India's economic growth forecast unchanged | Business News,The Indian Express

Global rating agency S&P Global Ratings Monday projected India’s economic growth at 6 per cent in the fiscal year starting April 1, 2023. The rating agency sees the country’s GDP at 6.9 per cent in the financial year 2024-25.Recommended for you1Amid spike in prices, Govt forms panel to monitor Tur stock disclosure2Govt’s immediate steps ensured […] ....

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Business News | Moody's Lowers India's Economic Growth Forecast to 9.1 Pc for 2022

Global rating agency Moody s on Thursday lowered India s economic growth estimate for the calendar year 2022 to 9.1 per cent for its earlier projection of 9.5 per cent citing the adverse impact of the ongoing Russia-Ukraine conflict on the global economy. Moody s Lowers India s Economic Growth Forecast to 9.% For 2022. ....

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World's fastest recovery outlook at risk as Covid-19 sweeps India

World’s fastest recovery outlook at risk as Covid-19 sweeps India
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. Updated: 25 Apr 2021, 06:48 AM IST Bloomberg
With or without lockdowns, some economists see the pandemic weighing on the confidence of consumers - the backbone of the economy
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Just two weeks ago, the International Monetary Fund upgraded India’s economic growth forecast to 12.5% the quickest rate among major economies. Now, as Covid-19 cases surge the most globally, that bullish view is looking increasingly in doubt.
In Delhi, the streets are mostly empty and the markets nearly deserted with almost all shops closed in response to curbs put in place by the local administration to fight the pandemic. The scene is not so different in Mumbai, the financial hub that accounts for 6% of the national output. ....

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