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Downgrade in future earnings growth could pose biggest risk to markets in FY24

Downgrade in future earnings growth could pose biggest risk to markets in FY24 https://ift.tt/QwNXx9A in March, the Fed expects a marginal further slowdown in the US economy to 0.4% GDP growth, compared to the 0.5% forecasted in Dec. These forecasts are at low levels compared to the long-term range of 3.5% for the world and 2% for the US.

Wall St Week Ahead: Resilient US stocks failing to factor in recession, investors fear

Wall St Week Ahead: Resilient US stocks failing to factor in recession, investors fear https://ift.tt/wtUiWJl benchmark S&P 500 posted a 7% gain for the first quarter, which ended on Friday, rebounding after a nearly 20% drop in 2022. The Nasdaq Composite's 16.8% first-quarter jump was its biggest quarterly rise since 2020.

India's new foreign trade policy, explained in 5 charts

India's new foreign trade policy, explained in 5 charts https://ift.tt/IVdv0F7 the much-awaited Foreign Trade Policy, Commerce Ministry on Friday broke the tradition of a policy lasting for five years and will instead adopt a 'long-term' focus. There is no end date to the policy and will be updated as and when necessary, the ministry said.

CBDT signs 95 Advance Pricing Agreements in FY23

CBDT signs 95 Advance Pricing Agreements in FY23 https://ift.tt/3nx4Mrc includes 63 Unilateral APAs (UAPAs) and 32 Bilateral APAs (BAPAs). With this, the total number of APAs since inception of the APA programme has gone up to 516, comprising 420 UAPAs and 96 BAPAs. "The BAPAs were signed as a consequence of entering into Mutual Agreements with India’s treaty partners namely Finland, the UK, the US, Denmark, Singapore, and Japan," CBDT said in a statement issued Friday.

13 years of outperformance! This Rs 1400 cr money manager reveals his 3-step approach

13 years of outperformance! This Rs 1400 cr money manager reveals his 3-step approach https://ift.tt/rxl0M8R future looks bright for both PMS and MF because financialisation of the savings has already started. Equity as a culture is improving and as the per capita income, affordability, and awareness increases for PMS, the size is going to probably become 2x, 3x, 4x, 5x, 10x over a period of time, says Rajesh Kothari, Managing Director, AlfAccurate Advisors Pvt Ltd.

Consumer sentiments jump by record 6.7% in March: CMIE

Consumer sentiments jump by record 6.7% in March: CMIE https://ift.tt/OoPyVQs to CMIE, the Index of Consumer Sentiments (ICS) usually moves by a little less than 1% in a week. In the past 60 weeks, the average weekly increase in the ICS was 0.86% and the median was 0.93% while in the past year, the ICS increased by more than 6.7% only twice.