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Stock impact report

Top 20 Indian Entrepreneurs [Yahoo! Finance]

Wipro Limited (WIT) 
Last wipro limited earnings: 4/16 04:00 pm Check Earnings Report
US:NYSE Investor Relations: wipro.com/investors
Company Research Source: Yahoo! Finance
India's Economic Outlook India is one of the fastest growing economies in the world. According to Deloitte , India is expected to grow between 6.9% and 7.2% through fiscal year 2023/2024. The Asian giant is projected to grow between 6.4% and 6.7% in the fiscal year 2024/2025. High inflation is projected to persist till the second half of fiscal 2024, driven by high food and volatile oil prices. About 10 years ago, India's economy was on a rollercoaster ride in 2013 when the inflation was around 10% and the foreign exchange reserves were around $292 billion. In addition, the country suffered from weak fundamentals and economic situations which led to the Indian rupee depreciating below 20% against the US dollar in 2013. After 10 years, India's foreign exchange reserves have almost doubled to $568 billion and inflation stands at around 5%, as of 2023. Moreover, India is one of the countries that have the largest gold reserves in the world with a total gold reserve of 803.58 tonnes. Show less Read more
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