Economy - Angel One

The outlook for India’s economy is bright and positive. India Ratings and Research (Ind-Ra) recently released a report predicting that by FY 2033–2036, India may move into the upper-middle income bracket. This is an intriguing concept that represents a big step forward, but what does it really imply and is it realistic? “The onward journey …

The Securities and Exchange Board of India (Sebi) has raised concerns about potential manipulation of share prices in the SME segment, both at the time of initial public offerings (IPOs) and during subsequent trading. Sebi chairperson Madhabi Puri Buch expressed these concerns during an interaction with journalists in March 2024. Surge in SME Listings and …

On March 10th, 2024, India and the European Free Trade Association (EFTA) inked a significant Trade and Economic Partnership Agreement (TEPA), marking a new chapter in their economic partnership. As per the agreement, EFTA countries promised an increase in trade as well as a potential influx of investments valued at a staggering $100 billion over …

In a recent gathering of stakeholders from across the textile sector, Union Minister Shri Piyush Goyal delivered a compelling message: “Be vocal for local and take local to global.” This rallying cry from Prime Minister Shri Narendra Modi encapsulates the essence of promoting indigenous products on the world stage. The emphasis was not only on …

In the fast-paced world of global finance, the performance of currencies often mirrors the economic strength and stability of a nation. In the first two months of 2024, one currency stood out among its emerging market peers, showcasing resilience and promise for the year ahead: the Indian rupee. The Rupee’s Standout Performance While many emerging …

India’s cabinet recently approved a landmark $9 billion initiative aimed at accelerating the adoption of rooftop solar panels across the country. This ambitious plan, which targets 10 million homes, represents a significant step forward in India’s quest for cleaner and more sustainable energy sources. In this article, we delve into the details of this initiative …

On March 05, 2024, the Government of India reviewed the Foreign Direct Investment (FDI) Policy on the Space sector and made amendments under Para 5.2.12 of the Consolidated FDI Policy Circular of 2020: Sector/Activity Sectoral Cap Entry Route 5.2.12.1 (1) Satellites-Manufacturing & Operation 100% Up to 74%: Automatic Beyond 74%: Government route (2) Satellite Data …

The purpose of the Nifty Metal Index is to replicate the performance of the sector in India, including mining. So far, in the month of March, the Nifty Metal index has witnessed a notable rise of 5%. On March 01, 2024, the index closed with a gain of ~3.62% at 8,208.50. The metal index continued …

Women’s participation in the investment world is on the rise, reflecting a significant shift in traditional gender roles. As more women step into the realm of finance, they are not only breaking barriers but also building wealth and financial independence. Beyond these headlines, women are making meaningful contributions to households, societies, and corporate landscapes every …

India’s economic growth in the final quarter of last year exceeded expectations, with GDP rising by an impressive 8.4%. This growth was driven by strong private-sector investment and increased spending in the services sector. However, the Gross Value Added (GVA) figures, which exclude taxes and subsidies, showed a slowdown to 6.5% from a previous 7.7%, …