Podcasts about indian gdp

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.Today we lead with news lower commodity prices spread more widely overnight and a dark mood flowed over Chinese equity markets late yesterday.But first, there was a GDT Pulse auction event overnight. Basically prices fell. The SMP price was down a bit more than expected, down -2.8% from last week's full GDT event and taking it back to levels last seen in April. The more important WMP price was down too, down -1.5% in a lesser retreat than expected. Given how commodity prices have been falling generally recently, perhaps this isn't as tough as it could have been.Meanwhile in the US, their retail sales at physical stores were up +4.9% last week from the same week a year ago, a much better gain than inflation, so consumers continue to spend, although not with quite the same impressive enthusiasm as a month ago.But they are not spending to buy a house. Existing home sales fell by -5.4% from the previous month to an annual rate of 3.89 million units in June, the sharpest monthly decline since 2022, to the fewest amount of sales since the start of the year. It was the fourth consecutive monthly decline in existing home sales as the median sales price climbed to a record high of US$426,900 (NZ$717,000). Higher-end houses are still selling but the middle of the market is now a buyer's market. Unsold housing inventory rose by to 1.32 million units, or 4.1 months' supply at the current monthly sales pace.Also retreating was the Richmond Fed's survey of factories in the mid-Atlantic states. In fact, it contracted the most in four years. New order levels retreated although future expectations for new orders are holding up. Perhaps election-change prospects are weighing on these firms outlook?Meanwhile there was a UST 2yr bond tender earlier today, and it was again very well supported, delivering a median yield of 4.39% and that was -27 bps lower than the 4.66% at the prior equivalent event a month ago.In India, their Budget delivered a raft of changes. These included increased spending, job creation, and tax relief for the middle class. They hiked their Securities Transaction Tax, reduced taxes on short-term and long-term capital gains, and abolished the angel tax on foreign investment. They also cut import duties on gold and silver, but raised them on plastic products. Income tax thresholds were raised. In the end this is deficit spending equivalent to 4.9% of Indian GDP and continuing its fiscal stimulus. Modi's allies will be satisfied with what they got.Taiwanese retail sales improved again in June, up almost +4% from a year ago, well above inflation there. And their industrial production was up an impressive +13.5% on the same basis.EU consumer confidence improved marginally in July, although it remains low and well below its ten year average. But at least it isn't going backwards.The UST 10yr yield is now at 4.25% and little-changed from this time yesterday. Hong Kong equity prices fell -1.0% and Shanghai was down -1.7% in its Tuesday trade both in sharp late selloffs. Tech capital Shenzhen fell almost -3.0%. The price of gold will start today up +US$10 from yesterday at US$2403/oz.Oil prices are -US$1 lower at just on US$77/bbl in the US while the international Brent price is just on US$80.50/bbl.The Kiwi dollar starts today down another -¼c at 59.5 USc. Against the Aussie we are still at 90 AUc. Against the euro we are also still at 54.9 euro cents. That all means our TWI-5 starts today at 68.5 and down -30 bps from yesterday.The bitcoin price starts today at US$65,848 and down -2.3% from this time yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.8%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, April 2, 2024. My name is Nelson John. Let's get started:Indian markets started the new financial year with a fresh vigour as benchmark indices closed in the green on Monday. BSE's Sensex rose more than 350 points to close 0.49 per cent up from its previous close. NSE's Nifty-50 also climbed more than 130 points to close 0.61 per cent above its last close. Tata Steel, Ultratech Cement and NTPC were among the top gainers on Monday. How fast is India growing? Is it really growing? Well, there are a couple of ways to find out.  One can look at the constant construction happening in all major metros across the country. More and more infrastructure projects are coming up - a likely indicator of growth. Another way to track this growth is to look at GDP numbers. In FY23 India's GDP grew at 7 per cent. For the first three quarters of the outgoing fiscal, the growth remained above a healthy 8 per cent. The government estimates the number for the full fiscal year 2024 to be at 7.6 per cent. So what's driving the growth? While there is more than one driver, some attribute this boost in GDP numbers to the government's push for capital expenditure. But there are other engines of growth too - public consumption being one of them. Mint's senior editor N Madhavan examines the factors behind India's surge. What's in a name? Not much according to William Shakespeare, but for small finance banks, it might make a world of difference. Small finance banks in India are advocating for a rebranding, seeking to drop the 'small finance' label to enhance their appeal to depositors and investors. This request was discussed in a meeting with RBI officials, people aware of the matter told Mint's banking editor Gopika Gopakumar. The banks aim to improve customer perception and attract more current and savings account deposits with the name change. Some banks are testing the waters. Hoardings outside AU Small Finance Bank's regional office in Mumbai's Kurla read simply ‘AU Bank'. Websites of almost all SFBs, barring Ujjivan SFB and North East SFB, have dropped the label from their domain names. The term 'small' was initially used in the naming of small finance banks to highlight their core mission of promoting inclusive banking. Over time, these banks have achieved their goal of extending credit to small and micro businesses, demonstrating their commitment to supporting underserved segments. Now to continue inclusive growth, having more accounts and fixed deposits is necessary, which will be helpful if the word ‘small' is dropped, a spokesperson for Unity SFB told Gopika.  What's light, has high strength, is durable and is extremely useful for the aerospace industry? It is a material called carbon fibre. Carbon Fibre is also extensively used to make sports equipment like hockey sticks, racquets, archery bows and golf clubs. Carbon fibre bicycles are popular among enthusiasts because of their light weight. The reason I am talking about it is because India is gearing up to start domestic production of carbon fibre, targeting aerospace, civil engineering, and defence sectors. The push comes as a strategic move to lessen imports and navigate around the European Union's impending carbon tax on steel and metal products. India is currently dependent on carbon fibre imports from countries like the US, France, Japan, and Germany. The EU's Carbon Border Adjustment Mechanism set for 2026 has propelled India to consider establishing its own manufacturing capabilities. The Indian government is in talks to create carbon fibre manufacturing units, with research support from leading institutions like the Indian Institute of Technology (IIT) to meet international production standards. Mint's Dhirendra Kumar brings us this exclusive story on the development, which is a part of India's plan to expand technical textiles export from $2.5 billion to $10 billion within five years.Over 60 years ago, American mathematician and meteorologist Edward Lorenz's minor data alteration in a weather simulation at MIT led to significantly different results, laying the foundation for chaos theory - also known as the 'butterfly effect.' This concept, illustrating how small changes can have large consequences, is now relevant across various fields, prompting reflection on the impact of larger phenomena like climate change. India's FMCG sector, heavily reliant on imported palm oil, faces potential disruptions from the European Union's proposed carbon tax and the effects of climate change on palm oil production. With India as the world's largest palm oil importer and facing stagnating supplies from major producers Indonesia and Malaysia, the sector is at a crossroads. Additionally, the cocoa industry faces similar challenges, with extreme weather conditions and diseases reducing global output. Mint's national editor Abhishek Mukherjee takes a deep dive into how the FMCG industry is staring at an existential crisis with climate change - arguably the biggest issue facing humanity. India is poised to standardise the accreditation process for alternative medicine facilities, including Ayurvedic wellness centres, homoeopathy clinics, and Unani hospitals. The National Accreditation Board for Hospitals and Healthcare aims to consolidate accreditation standards across all AYUSH disciplines. These include Ayurveda, Yoga and Naturopathy, Unani, Siddha, Sowa Rigpa, and Homeopathy. The government aims to get the process running by June, streamlining processes and ensuring quality care. This initiative comes after the insurance regulator's IRDAI's recent inclusion of AYUSH treatments in health coverage.. Mint's health and pharma correspondent Somitra Ghosh takes a look at the initiative that highlights the government's effort to boost the alternative medicine sector's credibility and research. The move however, has been met with mixed reactions.  We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.That's all for today. Thank you for listening.We'll be back tomorrow with a fresh episode of Top of the Morning. Have a nice day!Primer | What's driving Indian GDP surge: Public spending or private consumption'Small' isn't beautiful for small finance banksIndia plans to make carbon fibre in response to EU carbon taxAyurveda, alternative medicine to get an accreditation nudgeBlowing Hot: How climate crisis can rain on FMCG's FY25 show

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The Bharatvaarta Weekly is our reaction to the news headlines of the week that was. This video is a part of a longer conversation between Roshan Cariappa, Nirav Kanodra and Abhishek Paul where they discuss Odisha Train Tragedy, Rahul Gandhi's remarks in US, India's GDP Growth rate. If you liked this episode, then don't forget to subscribe to our channel and share this content. You can stay updated with everything at Bharatvaarta by following us on social media: we're @bharatvaarta on Twitter, facebook.com/bharatvaarta.in on Facebook, and @bharatvaarta on Instagram).

As per the recent data by Tracxn, there are 1338 AgriTech startups in India. However, with 118.7 million farmers, who contribute to a mere 17-18% of Indian GDP, many problem statements are left to be solved at a larger scale.In March 2020, we interviewed Vaibhav Domkundwar from Better Capital, where he mentioned their then-recent investment in Bijak - their first interaction with the founders and their thesis behind the investment. In today's episode, we're interviewing Nukul Upadhye, Co-Founder at Bijak, where he talks about how and why he started Bijak. Bijak is a one-stop agriculture marketplace where sellers and buyers can find trustworthy, reliable, and transparent counterparties. Bijak processes transactions worth more than Rs 1.5 billion on a monthly basis. During the episode, Nukul also talks about their initial challenges, leveraging the pre-existing offline supply chain, and much more.Notes - 01:48 - Creating a B2B marketplace - Bijak05:55 - Alternate ideas while starting Bijak09:24 - How does Bijak differentiate itself from traditional offline marketplaces? 17:33 - Challenges during the initial journey31:42 - How has he personally evolved over the past two years?

A thought on Indian GDP

COVID-19 pandemic has had a massive impact on one of the fastest-growing economies in the world. India's economic growth suffered a historic 23.9 per cent decline between April and June.

The SGX Nifty is indicating a flat to positive open for the Indian markets today. At 7:20 AM, the SGX Nifty was trading 13 points higher at 11,493 levels. This comes on the back of a mixed set of global cues. On Wall Street, overnight trading was mixed with the S&P 500 up 0.36 per cent and the Nasdaq adding 0.76 per cent, both hitting all-time closing highs. However, the Dow Jones, ended the session lower, falling 0.2 per cent. Investors now await a speech by Federal Reserve Chairman Jerome Powell today, when he is expected to address the US central bank’s view on inflation and monetary policy.  Asian stocks slid in early deals. Japan's Nikkei was last down 0.25 per cent while Australia's ASX and South Korea's Kospi both slipped over 1 per cent each. Traders can expect a volatile session today ahead of the monthly derivative contracts expiry tomorrow. They may also react to the fine prints of the RBI's annual report released yesterday. Besides, media reports saying that the government may look at introducing a second set of fiscal stimulus measures once the Covid-19 infections abate may also influence investor sentiment. India recorded 66,873 Covid-19 cases in the past 24 hours, taking its total way past the 32 lakh mark, according to Worldometer. The country's death toll is nearing 60,000. On the results front, a total of 31 companies, including Indraprastha Gas and Gillette India, are scheduled to announce their June quarter results today. Besides these, a string of rating actions on individual stocks and India's GDP might be a major factor in today's session. Ratings agency Icra has pegged contraction in Indian GDP by 25 per cent in the June quarter, which witnessed the strictest coronavirus-induced lockdowns. Foreign brokerage Barclays also estimated the economy to have contracted by 25.5 per cent in the June quarter saying the virus containment measures have "dealt an unprecedented blow to the economy". Meanwhile, Moody's Investors Service has retained its projection of 3.1 per cent growth contraction for India in 2020. For 2021 year, though, Moody's has projected Indian economy to grow 6.9 per cent. It said that an economic recovery is underway, but its continuation will be closely tied to the containment of the virus. The rating agency has, meanwhile, downgraded SBI's baseline credit assessment, saying the economic shock from the Covid-19 pandemic may aggravate the weakening borrowers’ credit profiles. Other financial stocks may also remain volatile as the Supreme Court is expected to hear the interest waiver case later today. In another development, S&P Global has said that TCS is likely to face slower growth in revenue and profitability over the next 12-18 months, given subdued global IT spending. And now a quick look at other top news. Finance Minister Nirmala Sitharaman yesterday said the GST Council would look into the auto industry’s demand for lowering the tax rate on two-wheelers, which are now taxed at the highest slab rate of 28 per cent. According to sources, the issue might be taken up in the council's September 17 meeting. Read by Kanishka Gupta

In today's episode, The Rajasthan Congress Legislature Party passes a resolution supporting the Ashok Gehlot-led government in the state, Economists at Bank of America Securities have said that a longer wait for a vaccine against COVID-19 virus may lead to a contraction of up to 7.5% in the Indian GDP in FY21 and the Supreme Court has upheld the rights of the Travancore royal family in the administration of historic Sree Padmanabhaswamy Temple in Kerala. Download the Deccan Herald app for Android devices here: https://bit.ly/2UgttIO Download the Deccan Herald app for iOS devices here: https://apple.co/30eOFD6 For latest news and updates, log on to www.deccanherald.com Check out our e-paper www.deccanheraldepaper.com To read news on the go, sign up to our Telegram channel t.me/deccanheraldnews

The headlines first - >> Sensex slides 220 pts ahead of CPI inflation nos; Nifty ends below 11,850-mark;  >> Indian GDP growth may slip further to 5% in FY20, says CLSA;  >> Soon, the burden of dividend tax may shift from companies to investors; reports Bloomberg & >> Britannia surges 5% as Q2 net profit rises 33% YoY to Rs 403 crore.   News in detail -  Disappointing IIP figures for September, cautiousness ahead of the release of CPI inflation data for October and growing worries over US-China trade deal talks sent the benchmark indices over half a per cent lower on Wednesday. Besides, CLSA's statement that India's GDP may slip to 5 per cent in FY20, too, added to the investors' woes. The S&P BSE Sensex slid 229 points or 0.57 per cent to end at 40,116 levels while NSE's Nifty50 index slipped below 11,850-mark to end at 11,840, down 73 points or 0.61 per cent. IT major TCS (up around 4 per cent) emerged as the top gainer on the Sensex while YES Bank (down over 6.50 per cent) was the biggest loser. ICICI Bank, Axis Bank, Infosys, ITC, and SBI were the top contributors to the index's fall.  Sectorally, all the indices on the NSE ended in the red. Media stocks bled the most with the Nifty Media index slipping over 4.53 per cent to 1,793.85 levels. Metal stocks came second on the list. In the broader market, the S&P BSE MidCap index lost 0.77 per cent to end at 14,660 levels while the S&P BSE SmallCap index closed at 13,344.69, down 153 points or 1.13 per cent.  The buzzing stocks -  Shares of Indian Hotels Company soared 6 per cent to Rs 156 on the BSE on Wednesday after the company reported EBITDA (earnings before interest, tax, depreciation and amortisation) margin improvement of 590 basis points (bps) at 17.7 per cent in September quarter (Q2FY20). EBITDA jumped 57 per cent year-on-year (YoY) to Rs 182 crore during the quarter. Both absolute EBITDA and EBITDA margin was highest in the last 10 years. Britannia Industries stock surged nearly 6 per cent to Rs 3,298 apiece on the BSE on Wednesday after the company on Monday posted a profit before tax (PBT) of Rs 498 crore for the second quarter ended September 30, 2019 (Q2FY19), up 8.5 per cent when compared with the corresponding period of the previous fiscal. The stock ended around 5 per cent higher at Rs 3,270.25 on the BSE. Shares of AU Small Finance Bank advanced over 13 per cent to Rs 811 on the BSE, hitting a new high of Rs 814.90 on the BSE on Wednesday on the back of heavy volumes. Sun TV ended over 11 per cent lower at Rs 470 on the BSE after higher operational expenses dragged the company's consolidated profit before tax (PBT) 26 per cent lower at Rs 400 crore, in September quarter (Q2FY20) on YoY basis.' In the global markets, Asian stocks and Wall Street futures fell as confusing signals over the extent of progress made in US-China trade talks and concern about intensifying unrest in Hong Kong hurt demand for risky assets. 

The detailed information regarding downfall in Indian GDP of 5% in FY2019-20 Q1

Yazad Jal and Anupam Manur join Nitin Pai to dive into the latest edition of The Economist and discuss the nuances of the articles that they found the most intriguing. Tune in for insights on US-China trade war, the veracity of Indian GDP numbers, the decline of racial bias in the United States and more. Editor: Ananya Iyer

This week we talk about the growth that the growth that the indian economy is having, it is the fastest growing economy in the world since 2014, it is thought that it will surpass the England taking its spot as the 5th largest economy in the world. Indian GDP grew 35% going from 1600 dollars in 2014 to 2200 in 2019. We also talk about Uber and its IPO, it is going public and wants to sell 20 billion dollars in shares, [...] The post Recap April 14th- Uber IPO – India To Be 5th Largest economy in 2019 appeared first on Investing & Day Trading Education: Day Trading Academy.

The awareness about debt schemes in limited due to a variety of reasons. But having a fixed income or debt component in your portfolio is essential to building a diversified portfolio. In part 1 of the Series, Winston Noronha, Head of content and learning and development at IDFC mutual fund explains the basics of bonds, the various types of instruments, and sets the stage before diving deep into the complexities of fixed income. Just to set the context the bond market in India is still in its nascency. The corporate bond market today just accounts for 16% of the Indian GDP vs 73% in South Korea and 120% in the US. The bond market in India is dominated by government bonds. Even in mutual funds, institutions are the dominant investors with 54% of the AUM. Comparatively, 87% of assets in equity-oriented schemes are held by retail investors. Winston has a career spanning 25 years in financial services with a background in financial advisory, sales, and research. He has held in strategic and leadership roles in these areas. In recent years Winston is living his passion. He is an ardent believer of appropriate financial advice and financial awareness. He works at the intersection of sales, finance, and behavior. He is a proponent of experiential learning by using high engagement and innovative instructional delivery. Link to the original webinar: http://bit.ly/2RxKla1

The initial euphoria of the UPA win in the recently held Indian elections refuses to die down and in this podcast we bring to you what's in store for the Indian business class following the UPA win. What can our new Finance Minister Mr Pranab Mukherjee do to accelerate the Indian GDP growth in times like these We discuss policy issues ranging from FDI to disinvestment to deregulation of oil. The IPL has come and gone and its time to start raking the moolah. We discuss the actual winners of the IPL. Tata has done it once again!! From people's car to low cost housing, Tatas seem to be taking CK Prahlad's Botton of the Pyramid model very seriously. Listen to our 28th epsiode to know more.

The initial euphoria of the UPA win in the recently held Indian elections refuses to die down and in this podcast we bring to you what's in store for the Indian business class following the UPA win. What can our new Finance Minister Mr Pranab Mukherjee do to accelerate the Indian GDP growth in times like these We discuss policy issues ranging from FDI to disinvestment to deregulation of oil. The IPL has come and gone and its time to start raking the moolah. We discuss the actual winners of the IPL. Tata has done it once again!! From people's car to low cost housing, Tatas seem to be taking CK Prahlad's Botton of the Pyramid model very seriously. Listen to our 28th epsiode to know more.