For The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj spoke to Mayal to understand the trends seen in 2023 for both international and domestic travel and how it would pan out in 2024.
India's GDP clocked a growth of 7.6% in the second quarter (July-September) surpassing analyst and Reserve Bank’s MPC expectations but slowing as compared to the previous quarter data released by the National Statistical Office (NSO)
India’s mid-cap gains this year are propelled by gains in the broader market mid- and small-cap stocks. Stocks outside the top-100 now contribute 40 per cent to the country’s market cap, up from 35 per cent during the start of this financial year
While we usually mourn about the rupee’s fall, mostly because of how expensive it becomes to travel or pay for overseas education, it is worth noting that it has lost less than 1% of its value against the dollar this year
The S&P BSE Industrials Index — a gauge that includes makers of bridges, helicopters and wind turbines — has surged almost 54% this year, boosting the combined market value of its 214 members by about $125 billion
ICICI Securities has put out a note arguing that the decadal-low FPI equity holdings are ironic given Indian fundamentals are approaching their historical best, including favourable cycles in terms of corporate profits, investment rate and tax buoyancy
Watch and jewellery company Titan Co.'s market capitalisation crossed the Rs 3 lakh crore mark as its shares hit an all-time high on Tuesday, reflecting strong overall consumer demand and for jewellery
India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023, investment bank Goldman Sachs said on Monday, also pointing to political uncertainty being the main domestic risk