BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
The expansion in India's Q4 FY21 gross domestic product to 1.6% indicates that the economy was returning to normal before the second wave of Covid-19 struck, led by strong pent up demand as reflected in the gross value added print of 3.7%.
The recovery in GVA was due to a strong rebound in the manufacturing and construction sectors.
Importantly, the Q4 print depicted large gains in domestic absorption of 105% of the GDP.
The continual rise in external sector deficit (down 2.5% of GDP) emanating from capital formation indicates the enhancement of productive capacity in the economy.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
