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Shipping in Troubled Waters: Panama Canal & Red Sea Woes

The global supply chain is facing significant disruptions, with challenges emerging from both the Panama Canal and the Red Sea. These disruptions encompass shipping delays, altered trade routes, and environmental concerns, necessitating comprehensive strategies to navigate the complexities. In the Panama Canal, drought conditions have constrained maximum ship crossings and prolonged waiting times, leading to Shipping in Troubled Waters: Panama Canal & Red Sea Woes

India’s consumption may surpass China; Substantial growth opportunity for FMCG sector

India’s growth has outperformed global peers. With a robust growth trajectory and right policy mix, there is a genuine chance that the country can maintain GDP growth rates of 8% over the long term. Based on IMF estimates India’s GDP per capita is expected to reach USD 3466 by 2027 marking 50% upside from current India’s consumption may surpass China; Substantial growth opportunity for FMCG sector

Consumption Conundrum: Unpacking India’s Q3FY24 Economic Trends

In the fiscal quarter spanning October to December 2023 (Q3FY24), the Indian economy exhibited notable resilience, registering a robust growth rate of 8.4%, thereby maintaining its status as the world’s fastest-growing major economy. This performance was underpinned by stellar growth in the manufacturing sector at 11.6% and a commendable 9.5% expansion in the construction sector. Consumption Conundrum: Unpacking India’s Q3FY24 Economic Trends

Cautious Optimism: India’s Economic Trajectory Amidst Red Sea Crisis and Global Concerns

India’s export landscape from April 2023 to January 2024 reveals a concerning trend, with goods exports amounting to $353.92 billion, marking a nearly 5% dip compared to the corresponding period in the previous fiscal year. The ongoing Red Sea crisis emerges as a critical factor, given its significance for 30% of global container traffic and Cautious Optimism: India’s Economic Trajectory Amidst Red Sea Crisis and Global Concerns