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viksit' (developed) status by 2047, marking a century of independence. This period, termed India's 'Amrit Kaal', aligns with national developmental goals.

Right around the start of November, two words suddenly disappeared from the chatter in the bond market: debt supply. As bond prices surged across the developed world day after day, sending yields tumbling and handing investors some much-needed profits, the angst about soaring budget deficits melted away.

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Modern Monetary Theory (MMT) was the panacea for all economic ills. Now there's hardly a murmur.

Forbes Media chairman Steve Forbes and former CKE Restaurants CEO Andy Puzder discuss the December jobs report and point out discrepancies in its reporting.

At the beginning of any New Year, a majority of people want to start afresh, and make resolutions for a happy and prosperous future. Investors also take a resolution to save and invest more in investment avenues giving higher returns. However, amidst economic growth, the shadows of inflation and global uncertainties add complexity to investment strategies and, therefore, creating a robust investment budget becomes paramount.

BERLIN (Reuters) — German wholesalers expect their revenues to fall 2% in nominal terms this year, continuing a downward trajectory after a 3.75% decline last year, the BGA lobby group said on Wednesday, saying sentiment in Europe's biggest economy was «on the floor».

Investing.com — European stock markets edged largely lower Wednesday amid caution ahead of key U.S. inflation data, even after the release of better-than-expected French industrial production. 

Stocks gapped lower, while the equal-weight and small-cap indexes didn’t recover much. The S&P 500 finished the day lower by around 15 bps.

In a world increasingly fraught with risks, leading near-term concerns are shifting to the dangers of technology and related problems like the spread of disinformation, and away from economic worries, according to an annual survey of policymakers, industry leaders and experts on risk conducted by the World Economic Forum. The survey of more than 1,400 experts and leaders, released on Wednesday ahead of the WEF annual meeting in Davos next week, points to a moderately risky global environment through 2026 that deteriorates significantly over the coming decade.

China stocks dipped again on Wednesday to the lowest since February 2019, while Hong Kong shares logged a seven-day losing streak, as the absence of market catalysts kept investor sentiment low. ** The blue-chip CSI 300 Index and the Shanghai Composite Index fell 0.5% each. ** Hong Kong's Hang Seng Index fell 0.6% and the Hang Seng China Enterprises Index dropped 0.5%. ** In Asia, Japanese stocks hit a near 34-year high, while other Asian equities meandered around one-month lows ahead of U.S.

Ashish Gupta, CIO, Axis Mutual Fund, says “both capex and real estate are sectors that are emerging after multi-years of down cycle. And therefore, the ROE recovery in many of these companies is very, very sharp. Some of this is priced in. I think some of this still has to play out. And we are actually still positive on this theme.” The script of how markets moved in 2023 was a function of liquidity, topping out of inflation and how the earning cycle picked up. What do you think will influence the script of 2024? Ashish Gupta: Firstly, a couple of big headwinds that were there at the start of last year are actually tailwinds for the market. So, whether we look at flows last year which were expected to be impacted by the rise in global rates, I think that has turned on its head. Similarly, commodity prices, in particular oil prices, were elevated and with increasing geopolitical risk that was a concern for the market and I think that also has turned into a big tailwind. While these tailwinds are there, some of the factors that drove the market last year are still very much present. We expect the Indian earnings trajectory to remain fairly robust. Even this quarter, we are expecting close to 20% earnings growth to be reported by corporate India and I think this will continue to be the primary driver of the markets.

outlook 2024 note. These positive trends in the equity market indicate a favorable economic environment and investor sentiment, likely driven by factors such as strong corporate earnings, economic recovery, and supportive government policies. As always, it's essential for investors to stay vigilant and monitor market dynamics for informed decision-making in the ever-evolving financial landscape.

World Bank’s latest Global Economic Prospects report. “Without a major course correction, the 2020s will go down as a decade of wasted opportunity," said Indermit Gill, the World Bank Group’s Chief Economist and Senior Vice President. “Near-term growth will remain weak, leaving many developing countries—especially the poorest—stuck in a trap: with paralyzing levels of debt and tenuous access to food for nearly one out of every three people.

Narendra Modi on Wednesday unveiled India's 25-year goal, propelling the nation towards developed nation status by 2047, aligning with the centenary celebration of independence. PM Modi, reflecting on India's global influence through its G20 Presidency, emphasized the country's priorities, aspirations, and commitment to human-centric development and equality. He underscored India's focus on sustainable development, infrastructure, new-age skills, artificial intelligence, and innovation as key pillars of this transformative vision. Highlighting India's economic trajectory, PM Modi stated, «Today, India is the world's fifth-largest economy.

Barrons Roundtable panel provides insight on the increased pressure on consumers.

The worldwide electronics sector's growth continued to wane, hampered by lacklustre demand and rising inflation. As per the S&P Global Electronics Purchasing Managers’ Index (PMI), which is seasonally adjusted, there was a drop to 47 in December, down from November's 48.

₹50 trillion for the first time. As of 30 November, it stood at ₹50.6 trillion. Retail lending comprises housing and vehicle loans, credit card receivables, loans against gold jewellery, personal loans, etc.

Investing.com-- Japan’s Nikkei 225 stock index rose sharply on Wednesday, reaching levels seen before the burst of a speculative bubble in the 1990s as investors bet on a delay in the Bank of Japan’s plans to end its ultra-loose policies.

Nirmala Sitharaman will soon present the final budget of the second government led by Narendra Modi. It will be an interim budget, primarily prepared to keep the wheels of administration moving till a new government takes charge after the national elections. Interim budgets are usually simple accounting exercises, but they can sometimes be used to either cut taxes or increase spending commitments to win brownie points with specific voter groups, as was the case in the interim budget presented in February 2019.

Quiver Quantitative — In the dynamic world of finance, bond markets are presenting a fascinating scenario for 2024. Pacific Investment Management, managing a staggering $1.7 trillion in assets, foresees a unique opportunity in bonds. Despite the steep decline in yields from last year's zenith, Pimco's recent cyclical outlook predicts bonds can still yield equity-like returns in the coming six to 12 months. This period is expected to sustain recent gains in the bond market, albeit without further extension, diverging from their October recommendation to increase interest rate exposure.