Totally Gaga over India's Growth Story
Indian Economy & Market|January 2023
New Year is a symbol of confidence and growth. It stirs new hopes and a lot of expectations. Everyone is highly excited about, for several reasons for the projects that were not finished and also those not undertaken.
Totally Gaga over India's Growth Story

However, the world has been moving in such a fast pace that it's finding difficult to find its groove. And it has highly affected our personal front too which, to make an equilibrium, is not isolated from happenings around it.

Year 2022 was not a year that most of the equity market participants would like to remember as it was hit by multiple unexpected incidents and accidents. As if bouts of volatility was not enough, the Russian attack on Ukraine created big geopolitical tensions leading to drying liquidity due to dented sentiments. The RBI has been hiking rates because of the high inflation, where the headline number has been above the upper end of the tolerance band. However, RBI Governor Shaktikanta Das has repeatedly said that the worst of inflation is behind us, and from a growth perspective, India stands out as an isle of resilience in a "gloomy world" which is staring at slowing growth with possibilities of recession in some countries.

This story is from the January 2023 edition of Indian Economy & Market.

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This story is from the January 2023 edition of Indian Economy & Market.

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