policy continuity: 8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua

policy continuity: 8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua

Abheek Barua, Chief Economist, HDFC Bank, says there is a laundry list of items that need to be addressed before we get on, and climb back onto that 8% to 9% sustainable growth path. We could have a one-off 8% or an 8.5% growth, but that is not what the steady state growth would be. … Read more

gold price: Gold rises on geopolitical tensions but investment demand remains weak

gold price: Gold rises on geopolitical tensions but investment demand remains weak

Gold, reeling under hotter than expected December US CPI inflation data released on Thursday, caught a bid Friday as the US and the UK launched airstrikes on Iran-backed Houthis’ targets in Yemen to stop shipping attacks in the Red Sea. In a reaction, the Yemeni Group vowed to retaliate with an urgent response in the … Read more