Tag: budget 2024

Market momentum may continue in 2024; FPI money will continue to pour into India, says Ajit Banerjee
Money

Market momentum may continue in 2024; FPI money will continue to pour into India, says Ajit Banerjee

Indian markets have been one of the best-performing markets in the world in 2023. In an interview with Mint, Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Company says he is positive about the domestic market for 2024 and expects the foreign capital inflow to continue. Edited excerpts: What is your view on the market's performance in 2023? What is the outlook for 2024?Indian markets have undisputedly been one of the best-performing markets in the world in the calendar year 2023 (CY23). Over the ...
India’s Q2 growth rate highest in world; fundamentals strong: FM Sitharaman
Business

India’s Q2 growth rate highest in world; fundamentals strong: FM Sitharaman

Addressing the winter session of the Parliament on Thursday, Finance Minister Nirmala Sitharaman stated that not only India was the fastest-growing economy in the world but also it had the highest growth rate in the second quarter of the current financial year (Q2FY24) in the world. The finance minister spoke on the progress made by the Indian economy under the Prime Minister Narendra Modi-led central government, stating that the country's economy had grown from the tenth largest in 2014 to the fifth largest economy in 2023. Moreover, India had the most significant growth in the July-September quarter at 7.6 per cent. Sitharaman said, "India's second quarter growth is the highest in the world as India continues to be the fastest-growing economy. The third and fourth largest ec...