Daily O

Markets crash: The risks that loom over India's feel good economic index

The Budget 2018 has by and large disappointed Dalal Street with imposition of long-term capital gains and bigger than expected fiscal slippage.

Howsoever, one may ridicule the markets for its "snobby" status among the economic indicators, there is no denying the fact that financial markets are bellwether of the feel good factor in the economy. Thus, the consecutive fall in stock prices after Budget 2018 doesn't augur well for the narrative-nervy government.

Global factors do have their share in the post-Budget slump, but bigger concerns are the domestic factors that can keep the markets frail for longer than expected.

Narratives apart, a feeble or volatile stock market is poised for several macro- and micro-economic complications amid

Stai leggendo un'anteprima, registrati per continuare a leggere.

Altro da Daily O

Daily O4 min letti
Will Nirmala Sitharaman’s Last-mile Gambit Pull The Economy Out Of Slump?
In another episode of sector-specific reforms to arrest the current economic slowdown, finance minister Nirmala Sitharaman announced measures to revive growth in the housing sector and to push for greater exports. The measures featured: an ease in fo
Daily O4 min letti
How To Get The Indian Economy Back On Track
There was a time in 2016 when the Indian economy was growing at over 7 per cent and it was symbolised as a tiger, even if a caged one. It conveyed the strength of an economy raring to go. Now, with the steep fall in GDP growth for five successive qua
Daily O4 min letti
Utpal Dutt Today: How Would The Thespian Have Fared In The Age Of Netflix And Chill?
It might have been 26 years since the great Utpal Dutt passed away — yet, in addition to the scores of film afficionados that continue to rediscover him, every year, legions of new admirers join the ever-growing list of the thespian’s fans. It’s inte