Skip to main content

Posts

Showing posts with the label GDP Growth rate

Featured Post

How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

Economy difficult to recover, growth will be down -10.9 percent in 2020-21

  It is difficult to recover the Indian economy from the tremors of the Corona epidemic and lockdown. SBI said in its a report released on Tuesday that the record decline in the first quarter growth rate will continue even further and the actual growth rate of GDP is expected to be down by -10.9 per cent in 2020-21.   The government released the GDP data on Monday, stating that the growth rate in the first quarter (April-June) was down -23.9 per cent. Earlier, the ECORAP report projected a growth rate of -6.8 per cent for the current financial year. SBI Research said, our initial estimate is that GDP growth will be negative in all quarters. The growth rate is expected to be down by -12 to -15 per cent in the second quarter as well, while it is expected to be -5 to -10 per cent in the third quarter and -2 to -5 per cent in the fourth quarter. In this way, the real GDP growth rate for the entire financial year can be -10.9 per cent.   SBI Research said, the biggest ...