Why India is a blooming garden of opportunities for investors

- One of the most appealing emerging areas for investment right now is India. In terms of important macro-parameters, our nation has undergone enormous changes.

- It is now one of the nations with the quickest rates of growth in the world thanks to a stunning recovery in GDP for FY22. The Indian economy expanded quickly in FY22, rising 8.7% YoY, the highest level in ten years! Future growth in private spending is likely to raise GDP.

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- According to information provided by the Department of Economic Affairs, India Inc.'s capital spending from April through August 2022 increased by 46.8% compared to the same time last year.

- Soaring inflation, which fortunately does not appear as ugly in India, has also been the talk of the town. The Wholesale Price Index and Consumer Price Index now have a smaller difference.

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Expectations for  the Week

- Given that the Fed has rapidly increased interest rates this year, market players are curious to see if the rate is now slowing. Meanwhile, - The US Initial Jobless Claims, Unemployment Rate, and ISM Non-Manufacturing PMI that are scheduled for release next week will also be actively watched by investors. The monthly auto sales figures will undoubtedly catch the attention of investors trying to make future projections at home.

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