IMF Growth Forecast: 2023; India Tops…

IMF Growth Forecast: 2023 India🇮🇳: 6.1% USA🇺🇸: 1% Canada🇨🇦 1.5% Germany🇩🇪 -0.3% France🇫🇷 0.7% Spain🇪🇸 1.2% UK🇬🇧 0.3% Russia🇷🇺 -2.3% China🇨🇳 4.4% Japan🇯🇵 1.6% Brazil🇧🇷 1% US GDP is 6x of India, so India will contribute the same to global GDP in value terms and more than Europe!More

Timing does matter…

For those who say " Time in the markets matters, not timing" Hong Kong’s Hang Seng Index – 2000 – 17000 2022 – 17000 No returns in 22 yrs Japan’s Nikkei 1989- 39000 2022- 26000 33% down in 33 years Time in the markets and right time to invest as well as exit both matter…More

Impact of Rising CNG Prices

Maruti:- As a result of huge rise in CNG prices Advantage of CNG cars v/s petrol cars is reducing Bookings for CNG cars has slowed down! Negative for City gas distributors like IGL and MGLMore

G4 Central Banks’ balance sheet down by $3.1tn in past 7 months

G4 Central Banks’ bal sheet -$3.1tn in past 7 months. This has created asset value destruction of 10x-20x magnitude (depending on what you include). Biggest question from now:are we past the "max pain" point or this just continues & eventually cause something to break for real..?More

Wall Street Bleeding…

WALL STREET INDICES – Third consecutive negative quarter for the 1st time since 2009 – All S&P 500 sectors >10% off 52W highs – In the Quarter Dow -6.7% S&P -5.3% Nasdaq -4.1% – In Sept Dow -8.8% S&P -9.3% Nasdaq -10.5% – From 52W High Dow -23% S&P -25.6% Nasdaq -34.8%More

ONDC – A Quick Snapshot

Open Network for Digital Commerce(ONDC) As ONDC starts testing in Bengaluru! ONDC is yet another UPI moment(game changer) in e-commerce How Big is India’s e-commerce market? In India, the Gross Merchandising Value (GMV) for the digital commerce retail market was ₹2.85 Lakh Crores (US$ 38 billion) in 2020. Kirana Stores are physical in Nature:- In…More

Probabilities of the recession

The probabilities of a recession are the highest for developed economies. India’s recession probability is barely visible in the chart belowMore