Business News This Week
Business News This Week : The Prime Minister's Economic Advisory Council projects 7.2 % growth rate for Indian economy this fiscal. The council has also projected growth of eight and nine per cent over next two years. The Indian economy has been growing and now almost free from the clutches of the economic slowdown.
The projection of the 7.2 per cent is good ray of hope for the investors and stock market. The stability of Indian economy is what required at this juncture for the investors. The stock market and investors would be in puzzle to invest as the nation going to face its union budget this month. The union budget would cover more and more measures to protect the economy from the downturn.
The markets and sensex would react heavily to the union budget. The market will cheer up if there something for the corporate and industry body favorable. The council has also projected that the three sectors viz., agriculture, industries and services sectors are in green and growing.
The projection of the 7.2 per cent is good ray of hope for the investors and stock market. The stability of Indian economy is what required at this juncture for the investors. The stock market and investors would be in puzzle to invest as the nation going to face its union budget this month. The union budget would cover more and more measures to protect the economy from the downturn.
The markets and sensex would react heavily to the union budget. The market will cheer up if there something for the corporate and industry body favorable. The council has also projected that the three sectors viz., agriculture, industries and services sectors are in green and growing.
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