01-01-1970 12:00 AM | Source: Geojit Financial Services
Comment on Q3 GDP growth from Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services
"Q3 GDP growth at 5.4% indicates slowing growth momentum in the economy. This poses serious policy challenges. RBI's accommodative monetary stance is necessary to sustain growth in the economy, but this is difficult, almost impossible, with crude above $100 and an imminent spike in inflation. FY 22 GDP is likely to come at 8.9%, lower than budget estimates. This means the fiscal deficit for FY22 will be higher than projected. In brief, macro headwinds are getting stronger"
Latest News
Nifty opened with an upward gap and remained lacklus...
Sold Index Option worth 11508 Cr - Axis Securities Ltd
Indian Bank posts 55% jump in Q4 net profit, declare...
Yen eases despite intervention threat, Aussie steady...
The index started the session on a positive note and...
GST has benefited the poor, empowered the states : F...
Nifty started the week on a subdued note and ended a...
Openning Bell : Markets likely to get flat-to-positi...
Rupee expected to draw support at 83.50-83.55/USD fr...
Oil edges up after Israel strikes Gaza, while truce ...
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
Quote on RBI decision to discontinue the incremental cash reserve ratio (CRR) By Dr. Manoranjan Sharma, Infomerics Ratings
Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: Ajay Chaudhary
3 Centres of Excellence set up by TIDCO finding good traction: Tamil Nadu Minister