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The International Monetary Fund had revised its India growth to 8.2 per cent, down by 0.8 base points from the previous year. The World Bank had also cut its economic growth forecast for India from 8.7 per cent to 8 per cent.
Global financial services firm UBS on Friday projected India’s economic growth at 7 per cent for the current financial year, down by 70 basis points, news agency Reuters reported. The firm cited slow global growth due to high commodity prices, weak local demand due to energy price hikes, inflation and a struggling labour market.
“We believe the pass-through of high global commodity prices to the real economy will affect households’ purchasing power and company margins, and constrain the fiscal space available for capex,” UBS economist Tanvee Gupta Jain said in a note.
On Wednesday, the International Monetary Fund had projected India’s growth to 8.2 per cent, stating that the growth had slashed by 0.8 base points from last year in the same period. The IMF had projected a global growth of 3.6 per cent due to the Ukraine war.
The IMF chief Kristalina Georgieva had hailed India’s growth rate, calling it a positive news for the world. “India is one of the economies that are growing at a high rate. Even with the small downgrade, growth is projected for this year to be 8.2 per cent,” the IMF chief had said.
The IMF forecast had come a week after the World Bank had cut its economic growth forecast for India and the entire south Asian region. The global lender had lowered its growth projection for India to 8 per cent from 8.7 per cent for the current fiscal year to March 2023, citing worse supply bottleneck and inflation due to the Ukraine war.
India meets nearly 80% of its oil needs through imports and rising crude prices push up the country’s trade and current account deficit while also hurting the rupee and fuelling imported inflation.
The Reserve Bank of India earlier this month raised its inflation forecast for the current fiscal year to 5.7%, 120 basis points above its forecast in February, while cutting its economic growth estimate to 7.2% from 7.8%.
UBS expects India’s gross domestic product growth to settle at a rate of 6% per annum beyond fiscal 2023.
(With Reuters inputs)
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Controle Officiel Suisse des Chronometres, or the Controle Officiel Suisse des Chronometres, is the authorized Swiss testing agency that attests to the accuracy and accuracy of wristwatches. COSC certification is a sign of quality craftsmanship and trustworthiness in chronometry. Not all watch brands seek COSC certification, such as Hublot, which instead adheres to its own stringent criteria with mechanisms like the UNICO, achieving equivalent precision.
The Art of Precision Timekeeping
The central mechanism of a mechanized timepiece involves the mainspring, which provides energy as it loosens. This system, however, can be vulnerable to environmental elements that may influence its accuracy. COSC-accredited movements undergo demanding testing—over fifteen days in various conditions (five positions, 3 temperatures)—to ensure their resilience and reliability. The tests assess:
Mean daily rate precision between -4 and +6 secs.
Mean variation, maximum variation rates, and effects of thermal variations.
Why COSC Validation Matters
For timepiece enthusiasts and collectors, a COSC-validated timepiece isn’t just a item of technology but a testament to enduring quality and accuracy. It signifies a watch that:
Provides excellent dependability and accuracy.
Offers confidence of superiority across the whole construction of the timepiece.
Is probable to hold its value more efficiently, making it a sound investment.
Popular Chronometer Manufacturers
Several famous manufacturers prioritize COSC certification for their watches, including Rolex, Omega, Breitling, and Longines, among others. Longines, for instance, provides collections like the Archive and Soul, which showcase COSC-validated mechanisms equipped with innovative materials like silicone equilibrium springs to improve durability and efficiency.
Historic Background and the Evolution of Timepieces
The idea of the timepiece originates back to the need for exact timekeeping for navigational at sea, emphasized by John Harrison’s work in the 18th century. Since the official establishment of Controle Officiel Suisse des Chronometres in 1973, the accreditation has become a benchmark for evaluating the precision of high-end watches, continuing a tradition of superiority in watchmaking.
Conclusion
Owning a COSC-validated watch is more than an aesthetic choice; it’s a dedication to excellence and precision. For those valuing accuracy above all, the COSC certification provides tranquility of thoughts, ensuring that each accredited watch will perform reliably under various conditions. Whether for individual satisfaction or as an investment decision, COSC-certified timepieces stand out in the world of watchmaking, bearing on a tradition of careful chronometry.
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로드스탁과 레버리지 방식의 스탁: 투자의 새로운 영역
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레버리지 사용은 특히 성장 가능성이 상당한 기업에 적용할 때 효과적입니다. 이러한 회사에 높은 비중으로 투입하면, 성공할 경우 큰 수입을 얻을 수 있지만, 반대의 경우 많은 리스크도 짊어져야 합니다. 그렇기 때문에, 투자자는 자신의 리스크 관리 능력을 가진 시장 분석을 통해, 어느 기업에 얼마만큼의 자금을 적용할지 결정하게 됩니다 합니다.
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레버리지 방식의 스탁은 큰 이익을 제공하지만, 그만큼 큰 위험도 따릅니다. 증권 장의 변동성은 예측이 힘들기 때문에, 레버리지 사용을 이용할 때는 늘 장터 경향을 면밀히 주시하고, 손해를 최소화하기 위해 수 있는 전략을 마련해야 합니다.
결론: 세심한 결정이 필요
로드스탁에서 제공된 레버리지 방식의 스탁은 효과적인 투자 수단이며, 잘 활용하면 많은 수익을 제공할 수 있습니다. 그렇지만 높은 리스크도 신경 써야 하며, 투자 결정이 필요한 정보와 조심스러운 고려 후에 진행되어야 합니다. 투자자 자신의 금융 상황, 리스크 감수 능력, 그리고 시장 상황을 반영한 균형 잡힌 투자 전략이 핵심입니다.