$ 5 Trillion Maths
From the Ramparts of the Red Fort, Prime Minister Narendra Modi declared on the 15th August: “The goal to make India a $5 trillion economy by 2024 is challenging, but achievable.” By a simple CAGR calculation, The Indian Economy needs to grow at 13.11 % nominal rate to achieve the desired figure by 2024. Assuming […]
Are we facing a Recession – 2019?
Recession – The Dreaded R word. Various Dictionaries Describe recession as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Since the Industrial Revolution the long-term macroeconomic trend in most countries has been economic growth. However, with this long-term growth […]
Will the Sensex Double under NAMO 2.0 ?
Phir ek baar Modi Sarkar ! The Sensex welcomed the Election mandate and has hit 40,000 in a bout of euphoria – the highest it’s ever been.Politics and economics have a very symbiotic relationship and go hand in hand. Political stability plays a crucial role for a flourishing business environment. With the Modi government returning to power […]
Sensex @ 40000 and beyond..
The BSE Sensex, The benchmark index, made new highs on the 2019 results day and scaled the hallowed 40000 Mark, achieving a growth of 400 times in 40 years. The 30-share Bombay Stock Exchange sensitive index (BSE Sensex) has forever been the barometer of India’s growth since inception in 1979. When someone says ‘Sensex’, it […]