Up until Finance Minister Nirmala Sitharaman’s Interim Budget 2024 speech, certain stocks had been giving moderate to steady returns. India is on the path to becoming the world’s third-largest economy by 2030, as per S&P Global Ratings. In her speech, Sitharaman announced an increase in outlay for infrastructure development by 11.1 percent; this amounts to 3.4 percent of the GDP, which is good news for infrastructure themed stocks.
How does inflation affect your savings & investments?
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