The Centre seems clear about doing what’s needed to raise medium term growth prospects
First, let us dismiss the stock market reaction as a commentary on the Union Budget for 2020-21 presented by the finance minister. It is a reaction to the stock market swoon in the US on Friday, which, in turn, was due to rising concerns over the global economic impact of the spreading coronavirus. That has prompted a correction of the divergence between financial asset prices and the lack of underlying economic vigour in the developed world. Indian stock market declines mirror a global decline.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.