TMS Ep597: CEO Survey, Key Events of 2024, Markets, On Prosperity Guardian

India Inc. showed remarkable resilience in 2023, despite global and domestic headwinds. The country's net profit share of GDP now stands at just under 5%. And as we welcome the new year, what do Indian CEOs think 2024 will look like for businesses? Here are the results of a Business Standard poll of CEOs on their prospects for 2024.

It is clear that industry leaders are optimistic about the Indian economy. And like us, they are also eagerly awaiting the outcome of the upcoming general election. And for that, the country will witness the inauguration of a grand Ram temple in Ayodhya in a few days. So what are the other key events that could shape 2024?

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The year 2023, meanwhile, marked the eighth consecutive year of Indian stock markets hitting record highs, driven by solid macroeconomic fundamentals and retail interest. As we ring in 2024, we take a deep dive into the key events investors should pay attention to and the key levels of the indices this year.

Last year we also saw Hamas fighters enter Israeli territory and kill at least a thousand unarmed people. The Israeli response was fierce. At least 20,000 people have lost their lives in Palestine so far. The clash is also echoing in the Red Sea, where Iran-allied Houthi rebels are targeting cargo ships – which they say have some Israeli ties. Now the US has formed a coalition to secure trade in the region. Listen to this episode of the podcast for answers.