After the BJP won a clear mandate in the 2019 Parliamentary elections, the political landscape became very stable. However, the same cannot be said about the economic and financial markets. The crisis in the non-banking financial companies (NBFCs) triggered by the collapse of IL&FS in September 2018 spread to other sectors in 2019. The real estate and auto sectors were badly hit due to the reduction in NBFC funding. The demand for consumer goods also took a beating.
Where do HNIs in India prefer to invest these days?
Read More
