Indian equity markets continued their upward trend in the calendar year 2017 backed by Moody’s rating upgrade with a positive outlook, government’s ongoing focus towards structural reforms substantiated by the announcement of the re-capitalisation plan for PSU banks and the thrust on infrastructure-related capital expenditure outlays. Further, the disruption caused by demonetisation and implementation of GST seems to be settling down. These factors have played an important role in keeping the investor mood upbeat.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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