A bubble burst is no figment of the imagination

News Today 02.07.2021

During the period under discussion, the fundamental, economic and environmental parameters look confused. GDP has shrunk by at least 7.5%, unemployment rate has been on the rise, and an overwhelming number of people are said to be sliding back into poverty or becoming poorer than a year before. At the same time, Centre for Monitoring Indian Economy Pvt. Ltd. data of the listed companies reveal a rise in their profit, due to rationalisation and cost-cutting. (Read More)


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