India’s economy could expand by an average of 6.5 per cent a year over the next decade, with industry and exports set to drive much of that growth, according to a report by US investment bank Morgan Stanley. Exports below potential India accounts for just 1.8 per cent of global exports despite its large share…
Japan’s Rating and Investment Information, Inc. (R&I) has boosted India’s long-term sovereign credit rating to BBB+ with a Stable outlook, according to the Ministry of Finance. This marks the third upgrade in 2025, following similar actions by Morningstar DBRS in May and S&P Global in August. The recent decision highlights the increasing global trust in…
Foreign Institutional Investors (FIIs) have continued to pare their exposure to Indian equities in September, offloading shares worth Rs 10,782 crore so far. Nifty has remained unbeaten for eight successive sessions despite this sell-off. On Friday, FIIs were net buyers at Rs 129.6 crore while the domestic institutional investors (DIIs) were net buyers at Rs…
India remains among the best-performing economies in the world, and “we expect growth dynamics to continue in the medium term”, with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday. India is prioritising fiscal consolidation, demonstrating the government’s political commitment to deliver sustainable public finances, while maintaining its…
Softening growth in the formal sector is beginning to weigh on overall credit growth, according to a report by HSBC Global Research. The report noted that, after a few years of strong growth, the formal sector is expected to slow in 2025. “This is led by factors such as gains from strong equity markets and…
Prime Minister Narendra Modi has completed 11 years in office and Indian capital markets during this time has seen a phenomenal rally. The bluechip Nifty index, has seen an unprecedented leap gaining a mind-boggling 241 per cent return, in just over a decade. Likewise, on the remarkable gains, the overall market capitalisation has zoomed by 442 per…