India - The Economic Pathway: CareEdge

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..CareEdge Research Report.India logged 16,764 new Covid-19 cases on December 31, recording more than 10,000 cases for the second-consecutive day amid Omicron scare and the active caseload inched towards one lakh mark.Indian economy grew by 8.4% YoY in Q2 FY22 aided by easing restrictions and improved mobility.Index of industrial production growth was stable at 3.2% in Oct-21 owing to normalisation of base core sector performance sluggish at 3.1% in Nov 2021.Manufacturing purchasing managers' index moderates in Dec-21 but in expansionary mode ; services PMI elevated at 58.1 in Nov-21.Retail inflation edged up marginally to 4.9% in Nov-21; Wholesale inflation climbed to an all-time high of 14.2%.Robust goods and services tax collections at Rs 1.3 lakh crore in Dec-21. E-Way bills marginally lower at 5.8 crore (as on Dec 26, 2021.Bank deposit growth lower at 5%, while bank credit rose to 3.3. .Click on the attachment to read the full report:.DISCLAIMERThis 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.

India - The Economic Pathway: CareEdge

India - The Economic Pathway: CareEdge

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