Indian Market With Global Economies
India will soon emerge as global economic powerhouse, says PM Modi
Prime Minister Narendra Modi on Wednesday said their aim is to make India a global growth engine and that the country will soon emerge as an economic powerhouse of the world. Speaking at an event to mark the completion of 20 years of the Vibrant Gujarat Summit, Modi said they sowed small seeds of a "Vibrant Gujarat" 20 years ago, and today it has developed into a big tree. "We organised Vibrant Gujarat to make the state a growth engine of India. After 2014, our aim has been to make India a global growth engine, he said addressing a gathering of industrialists and businessmen. "We are standing at such a phase that India will soon emerge as a global economic powerhouse, he said. It is my guarantee to you that in a few years from now, in front of your eyes, India will be among the top three economies of the world, the PM said. Modi highlighted how from a humble beginning, the Vibrant Gujarat events have turned into an institution and many states later followed it by organising their
 "India will soon emerge as global economic powerhouse, says PM Modi")
Rupee likely to leave its worst behind; inflows crucial in 2023: Analysts
India's current account deficit widened to a more than nine-year high in the July-September quarter on the back of high commodity prices, which pushed up the trade deficit, data from RBI showed
 "Rupee likely to leave its worst behind; inflows crucial in 2023: Analysts")
What we have learned three days into the price cap on Russian oil
The unprecedented move by one set of countries to try to impose a price at which another can sell a commodity has drawn confusion among traders, and - from Moscow - a threat of retaliation
 "What we have learned three days into the price cap on Russian oil")
What should investors do as India looks to shine amid global gloom?
Indian markets may see intermittent corrections due to policies of global central banks and other factors, analysts expect India's performance to continue. Here is a peek into what analysts are eying
 "What should investors do as India looks to shine amid global gloom?")
Global economic turmoil
There are limits to what central banks can achieve
 "Global economic turmoil")
Can banks survive negative rates, instability in global financial system?
The spread of unconventional monetary policies threatens to set off dangerous and unpredictable feedback loops
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India's correlation with global markets goes down; reaches nearly 10-yr low
The disconnect is most pronounced in the bond market, where India's 10-year yields have almost no correlation with a portfolio consisting of global sovereign debt
 "India's correlation with global markets goes down; reaches nearly 10-yr low")
