India Industrial Expansion Sustained in September
Will there be a rate cut in December? Driven by food prices, india's inflation rate hits a 14-month high.
india's inflation rate soared to a 14-month high, with expectations of a rate cut cooling. In October, the food inflation rate rose from 9.24% in September to 10.87%.
Is the Indian stock market doing well? Morgan Stanley: Don't ignore the $1 trillion that Indians have saved over the past decade!
According to Daiwa, domestic bids are an important support factor for the rise of indian stocks, with indian households accumulating about $9.7 trillion in wealth over the past 10 years and stocks accounting for a low proportion of household asset allocation. It is expected that the transfer of this wealth will bring about a consumption boom, thereby boosting the activity of the capital markets and increasing the local stock market's return on investment.
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