“Given the higher than forecast outcome for Q2, we are revising our FY2024 growth forecast to 6.2% from 6.0%,” said Aditi Nayar, chief economist, Icra. The growth in the second quarter is just a shade below the 7.8% growth registered in the first quarter and way higher than the 6.2% growth witnessed in Q2FY23. The economy grew 7.7% in the first half of the year.
Nithin Kamath says new UPI charges on investing, broking don’t make sense: ‘I don’t see how we can absorb this indefinitely’
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without