In a remarkable turn of events, India's Q1 FY24 GDP growth has surged to an impressive 7.8%. A beacon of hope in a challenging economic landscape, this growth is attributed to the promising signs of revival in private sector investments. In this blog, we'll explore what private capex is, why it matters, and the factors that have influenced its resurgence.
Last week, India was buzzing with excitement thanks to the G20 summit, and this enthusiasm spilt over to the stock market. The Nifty achieved the remarkable milestone of 20,000 mark for the very first time. One of the reasons for this was the G20 summit announcements which grabbed the interest of both domestic and foreign investors. So, let’s unpack what exactly happened at the G20 summit and how can it affect the stock market.
With a formidable array of initiatives, including the Rs 25,938 crore PLI for Automobile and Auto Components, India's automotive industry is on track to secure the coveted third spot globally by 2030. Move over, auto giants—India is shifting gears and heading for the podium!
