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Title The Financial Wisdom
URL https://thefinbiz.blogspot.com/2020/05/amendments-in-fdi-policy-potential-indo.html
Category Education --> Universities
Meta Keywords Finance, Business, Blogs, Economics, Commerce,
Meta Description I regularly write blogs and posts related to current industry trends and events happening around the world. The articles published here are well researched and I share my insights and comments to the published topics and discussions.
Owner Vidya Ratan
Description
An already declining Indian Economy has been badly affected by the ongoing COVID-19 pandemic crisis. In the third quarter of the previous fiscal year (2019-20) the growth rate was at a six year low rate of 4.7%. Indian stock markets are currently witnessing one of the worst phases with a twofold shock – a.) Global pandemic of COVID-19 and b.) the prevailing economic slowdown. There has been a decline in investment and overall consumption demand and as a result a lot of measures have been taken by the Indian government to bring back the economy on growth track.