The Q3 FY23 earnings season has trudged along on more or less on an anticipated and satisfactory terrain. The net sales growth for Nifty 50 and BSE 500 borders on 18.50 percent, and the profit after tax (PAT) growth was 7.6 percent and 5.9 percent, respectively. Relatively better performance, as expected, has come from the […]
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Central banks are on the horns of a policy dilemma
The persistence of inflation and the need to be expansionary to spur growth are trying to draw the cart in opposite directions Inflation persistence is one of the serious policy dilemmas faced by central banks. This will continue to pull policymakers in opposing directions for some more time to come. This is similar in the […]