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11 Apr 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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India Ratings said the share of combined capex of states in the GDP may improve marginally to 2.8% in FY24 from 2.5% in FY23. In accordance with the recommendations of the 15th Finance Commission, the states were allowed a fiscal deficit of 4% of GSDP in FY23, of which 0.5% was tied to power sector reforms.
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10 Apr 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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Electric two-wheeler manufacturers are sitting on idle capacities after demand in FY23 took the slow lane. Sales volume fell well short of targets, forcing companies to relook their production plans and postpone expansion of their market reach.
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07 Apr 2023
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Indian Economy
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ICICI Direct
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Economy Update
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06 Apr 2023
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Indian Economy
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ICICI Direct
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Economy Update
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06 Apr 2023
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Indian Economy
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ICICI Securities Limited
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Economy Update
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The World Trade Organisation (WTO) said that the global merchandise trade volume is expected to grow 1.7% in CY23 as compared to an earlier estimate of 1% in Oct'22, but lower than 2.7% growth in CY22.
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06 Apr 2023
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Indian Economy
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Prabhudas Lilladhar
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Economy Update
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06 Apr 2023
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Indian Economy
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Edelweiss
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Economy Update
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Unexpected Pause; Further hikes not ruled out
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06 Apr 2023
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Indian Economy
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AUM Capital
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Economy Update
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05 Apr 2023
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Indian Economy
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ICICI Securities Limited
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Sector Update
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High-frequency data released over recent days does not corroborate the hypothesis of economic slowdown in India, which may turn out to be a ‘type 1 error’ triggered by fear emanating from volatility in global capital markets. However, the high-frequency data does corroborate slowing economic activity in the developed economies.
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03 Apr 2023
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Indian Economy
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Edelweiss
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Economy Update
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Muted growth by historical standards
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