The Q4 (Jan-Mar) GDP and the FY 2022-'23 estimates flatter to deceive. Fact is the Indian Economy did "grow", but for whom and by whom.
For instance, the 7.2% economic growth is largely powered by the "services" sector, contributing nearly 60% of the overall GDP.
This is why I call our "vaunted" fastest growing major economy an One Pony Trick.
https://lnkd.in/gCUByKfk
#economy #gdp #indianeconomy #q4fy23 #q4results #fy23 #growth #india #fastestgrowing #services #consumption
#economy #gdp #indianeconomy #q4fy23 #q4results #fy23 #growth #india #fastestgrowing #services #consumption
Maruti's results, the first among its peers, are being seen as a key indicator of private consumption in India.
#Earnings #Q4Results
https://www.hindustantimes.com/car-bike/maruti-suzuki-india-s-q4-profit-surges-42-7-exceeds-market-expectations-101682501629392.html #press
MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B - The company also booked a loss of $34 million on its first-ever B... - https://cointelegraph.com/news/microstrategy-says-no-plans-to-stop-trading-btc-as-paper-loss-hits-1-3b #companiesholdingbitcoin #companiesholdingcrypto #digitalassetlosses #impairmentcharges #earningsseason #microstrategy #bitcoinloss #q4results #saylor #btc
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