In the meeting, the officials highlighted the upward movement of the growth in GDP in June 2021 and also the fiscal deficit and borrowing numbers
The agency has revised up its GVA growth estimate for agriculture, forestry and fishing to 3% each in thesecond and third quarters of the current year
The nclusion could see fund inflows of around $250 billion in the next 10 years
The revised forecast showed a 1% decline due to the ill effects of the second wave of the Covid-19 pandemic.
The SBI Financial Stability Index reflecting all the surplus liquidity and credit spreads were at the highest level in August 21 since April 20.
The state-wise trend indicates that the rural households’ average debt more than doubled in 18 states for the 6 year period ended 2018
Modi said that India was focused on improving its economy when the world leaders were occupied in defending themselves during Covid-19.
It is expected that the economic growth will improve from the second quarter onwards and the ill effects of Covid-19 on the economy are declining.
The long-term interest rates relative to equity valuations have strong predictive power for equity returns.
Remaining invested for a long period of time would be the key to wealth creation.