India: The Economic Pathway: CARE Ratings
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CARE Ratings Research Report
Indian economy witnessed robust growth of 20.1% in Q1 FY22 aided by a statistical push.
Industrial output lower at 11.5% in July as the base effect wanes core sector performance strong at 11.5% in August.
Manufacturing purchasing managers' index rises to 53.7 in September 2021 Services PMI back in expansion at 56.7 in August 2021.
Consumer price index inflation moderated further to 5.3% in August 2021 from 5.6% in the previous month. Wholesale price index inflation witnessed an uptick to 11.4% during the month.
Corporate Bond issuances almost doubled to Rs 82,718 crore in September 2021, higher than Rs 41,734 crore in the previous month.
Growth in bank deposits strong, bank credit improves marginally.
Trade continued to witness vibrant growth in August 2021
Metals, cement and power sector upbeat, growth in capital goods slows as base effect fades. Textiles continue to witness vibrant growth
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