2020 set to end on a positive note, but all is not well for 2021; Here are all the reasons why
The ingredients are all there, with a supportive macro scenario and strengthened corporate balance sheets at least for larger players. In its recent policy meet, the Reserve Bank of India (RBI) clearly indicated its intention of maintaining an accommodative monetary stance for an extended period with a focus on supporting growth even if inflation stays exceeds the mandated level. On the other hand, the government is moving towards a policy framework to boost the manufacturing sector, by following up the earlier cut in effective rate with a focussed incentive plan under the PLI scheme.
India is finding favour with foreign investors and is among the key beneficiaries of easy liquidity conditions globally: Reuters