India - The Economic Pathway: CareEdge

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .CareEdge Research Report.Key Highlights:Consumption indicators show a mixed scenario while investment prospects remain optimistic. Centre’s capex grew by 49.5% in H1 FY23, but must rise further to meet the budgeted target for FY23. State capex lagged in H1 FY23 with cumulative capex for 26 states marginally up by 2% from a year ago. Consumer price index inflation eased to a three-month low in October, but core inflation remained elevated. Wholesale price index inflation moderated to single-digit print of 8.4% after a gap of 18 months.Gross bank credit growth remained upbeat with credit to large enterprises picking up in September. Import cover improved slightly to 9.1 months in November as forex reserves increased slightly. Dollar-rupee forward premiums fell below 2.5% as the U.S.-India policy rate differential narrowed.Foreign direct investment inflows in H1 FY23 dipped by 14% compared to a year ago level. Foreign portfolio investments turned net buyers after a gap of two months with inflows worth $4 billion in November. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

India - The Economic Pathway: CareEdge

Consumption indicators show a mixed scenario while investment prospects remain optimistic.

Choose a plan