Home apps Development Gaming Mobile TECHNOLOGY Software Hordware OTHERS Kids Baby Mom Toys Cloths Login

India's economic growth will beat expectations in 2023

Categories: Development

Content Image

India's economic growth will beat expectations in 2023

 

Asserting that India's economic activity level is closer to the pre-pandemic path, global brokerage firm Credit Suisse expects the country's gross domestic product (GDP) growth to grow ahead of the current consensus forecast of 6 percent in the fiscal. Will increase Growth will increase compared to the year 2023-24 (Financial Year 24).

In its statement on economic growth, the brokerage argued that 'several broad-based high-frequency indicators, including energy consumption, point to stronger growth than reported.'

 

Despite concerns over high valuations and a weak currency, Credit Suisse's global equity strategy team has upgraded India from 'underweight' to 'benchmark' for 2023, noting the underlying economic strength of the market. Maintained your perspective. statement.

 

While the brokerage is confident of India's attractive structural prospects, the firm has refrained from going 'overweight' on the market due to high valuation premium of the market and weak balance of payments position for the economy.

Top articles
How Good Is Java for Mobile Game Development? Published at:- ‘Role of Labour in India’s Development’ Book Published at:- Enlist PHP Developers for Web Development Projects Published at:- Improvement and Emerging Nations Published at:- The Economics of Growth in Developing Countries Published at:- Top 10 Most extravagant Nations in Africa Published at:- Italy's Business Housing Business sector in 2022 Published at:- FAQ of Indian Economic Development for Freshers and Experienced Published at:- India's economic growth will beat expectations in 2023 Published at:- Which State of India Has Bullet Train Published at:- Front-End and Back-End: Understanding the Dualities of Web Development Published at:- Becoming a Java Back-End Developer: Mastering the Craft Published at:- Management Information Systems: Enhancing Organizational Efficiency and Decision Making Published at:- Student Management Systems: Empowering Educational Institutions for Success Published at:- The Evolution and Importance of Choosing the Right Mobile App Development Company Published at:- Exploring the Significance of Custom Mobile App Development Published at:- The Power of Custom Mobile App Development Companies: Transforming Ideas into Innovative Solutions Published at:- Custom Mobile Application Development Services: Transforming Ideas into Functional Apps Published at:- Decoding the Rankings of Human Development Index (HDI) Published at:- Understanding the Rank of Human Development Index: A Global Perspective Published at:- Understanding Human Development Index (HDI) Country Rankings: Assessing Progress and Disparities Published at:- The Evolution and Significance of Human Development Index Rankings Published at:- Role of Scientific Research in Sustainable Development Published at:-

India's economic growth will beat expectations in 2023