2024-03-01 09:35:43 am | Source: Ladderup Wealth Management
Reaction quote on GDP data By Raghvendra Nath, Managing Director, Ladderup Wealth Management Pvt. Ltd
Below the perspective on today’s GDP data announcement By Raghvendra Nath, Managing Director, Ladderup Wealth Management Pvt. Ltd
“India continued to hold its throne in terms of fastest growing economies globally, with GDP growth at 8.4%. The number came as a pleasant surprise with manufacturing & construction having grown at a good rate. Though the numbers have shown a healthy growth rate, going forward we expect moderation in the number due to multiple headwinds coming from affected kharif crops, weak rural demand, poor performance from industrials, and also global headwinds.”
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Manushi Chhillar's April so far includes shoots, eve...
Aston Martin boss Cowell dismisses contract talks w...
GenAI?s diagnostic capabilities comparable to non-sp...
Scientists create novel method to identify healthy a...
Crispin Chettri names 39 probables for AFC Women's A...
Embrace mindful eating and combat obesity: PM Narend...
ICICI Bank's Q4 profit rises 18 pc to Rs 12,630 cror...
Robust India-Saudi Arabia Strategic Partnership set ...
HDFC Bank posts nearly 7 pc rise in net profit at Rs...
Foreign investors infuse Rs 8,500 crore into Indian ...
