If India replicates services sector lessons in manufacturing, huge lift in the next 20 years. If we remain caught in colonial DNA in our laws and socialist in our mindset, growth will be lukewarm
Why stock markets are ignoring angry Indians and a slumping economy 1. Thick domestic cash pipeline 2. Foreign money 3. Expectation that economy is bottoming out (And no, there is no rush to blue chips from mid and small caps!)
With economic variables looking weak, GDP growth rate is likely to be lower at 6.5% in FY20 Given the economic growth numbers, the revenue estimates made by the budget seemed optimistic while there was no clarity on how some of the expenditures would be funded
The rule book for business has changed but the government is yet to communicate what the new rulebook says.
Modi Sarkar Season 2 will hit the ground running. For a $3 trillion going on $5 trillion economy the road rules need a change.
Expense Account, Mint As I breezily recommend an index fund to anybody who is risk averse and still wants “better” return than a bank deposit, I forget to take into account a slice of the reader and viewer segment which does not know the assumptions or the formulae behind this sweeping prediction of the future...