Pro Economic Tracker News Today

In today’s edition of Pro Panorama: Make-in-India Index leaves its mark, how far Yes Bank rally can go, bond market’s promising affair, what explains gold price surge and more

The FMCG sector had been hit by inflation, uneven rains during the kharif season and the resultant weak sentiment of the rural sector. However, sentiment is positive for the sector in coming months over expectations that the government will initiate measures to boost rural incomes and demand.

Market salutes conservative Budget stance

Thursday’s GDP data followed by Friday’s PMI print support the strengthening of India’s economic outlook. India’s Q2 GDP growth came in hot at 7.6 percent, much higher than the RBI’s estimate of 6.5 percent. If the central bank could get it so wrong, maybe forecasters could console their own misses.

Can consumption continue to support growth? Well soon know how strong festive demand has been

Back home, the PMI data show that while growth is robust, it is decelerating

The Era of Markets is over, says McKinsey. Therein lies Indias opportunity

Active workforce in the economy went up during the week, however, consumer sentiment weakened. Power consumption has improved. Core sector performance saw a dip in June. Data updated as of August 7

Why should Goldilocks hog all the quotes? This week, we look at the markets and economy through some other fairy tale personalities

The US is ditching the free trade, free market policy it has been preaching for decades, in favour of industrial policy and trade blocs