India at 77- A decade of transformation and the dawn of a new era
As India celebrated its 77th Independence Day, the reverberations of the country’s growth narrative could be felt from the towering Himalayan peaks to the serene coastal shores. The nation’s spirit was epitomised as the esteemed Prime Minister stood on the Red Fort’s ramparts, exuding a palpable confidence and clear vision for India’s economic trajectory. “As […]
India shines bright; posts the highest GDP growth among global peers
The Indian economy has once again proved its resilience and showed a sharp pickup in GDP growth despite the uncertainties and slumping global growth rates. India’s GDP growth accelerated to 13.5% in Q1FY23 as against the 4.1% growth in the previous quarter of 4.1% in Q4FY22. This growth places India at the top rank of […]
Half Yearly Economic Outlook_July23
The global economy is facing a number of challenges in 2023, including geopolitical tensions, inflation, and tightening financial conditions. However, economic activity remains resilient, thanks to strong consumer spending, positive labor market dynamics, and China’s reopening. Advanced economies are expected to experience limited growth of 0.9% in 2023, but the global GDP growth forecast is […]
The Debt Ceiling
US debt ceiling conundrum – What matters to India The recent agreement between US policymakers to suspend the nation’s debt ceiling until 2025 has been met with a collective sigh of relief from the global financial community. The potential economic catastrophe that could have been triggered by a default on the U.S. debt had been […]
Mckinsey – Global Private Markets Review 2023 – Summary
Deep Dives: 1. Fundraising Losing Momentum Private debt fundraising continued to grow last year (+2%), once again bucking the trend of other private asset classes. Institutional investors sought out the asset class for various features that are attractive in times of market volatility: current yield, floating rates, and relative insulation (via its senior position in […]
India Banks April 2023
India’s banks are poised for growth on the back of healthier balance sheets, robust regulations and strong credit demand. First-quarter global financial market narratives were dominated by bank failures, which reignited worries about a financial crisis in the US and Europe. In just a few weeks, there were four bank failures in the US, including […]
State of Indian Economy Report
State of Indian Economy Report (As per RBI bulletin – Mar 2023) India’s economic resilience and growth momentum spark optimism (highlights the State of the Economy report) The RBI’s State of the Economy report maintains a positive outlook for India, stating, “Unlike the global economy, India would not slow down – it would maintain the […]
Macro March 2023
What latest GDP release mean for us? India’s economy stands resilient in the face of global uncertainties, though the path to recovery has turned longer. After unabated challenges the last few years starting with the pandemic and continuing with geopolitical uncertainties, the global economy has been seeing a slump in growth. Further playing spoilsport […]
The Digital Payments Revolution
India’s digital payments transformation is now a well-known story across the world. The country has seen unprecedented scale and adoption over the past decade, on the back of what is now arguably the most sophisticated digital payments infrastructure in the world. The enablers of this growth have been multiple – the government’s push for a […]
Evolution of Logistics Tech
Overview: In recent times, with significant thrust on infrastructure and through multiple digitization initiatives, India has started to take several strides towards the development of logistics sector. However, India continues to have one of the highest logistics costs (as a percentage of GDP) in the world – standing at 14 compared to the global average […]