Saturday 6 February 2021

Indian economy is in Stagflation

Indian economy is in stagflation. During the next few months, expect
  • Fuel prices to rise
  • Most commodities price will increase.
  • Inflation will be high.
  • Poverty will increase.
  • Tax revenues will fall in real terms.
For investment in India during next one year,
  • Real estate will not be a good investment.
  • Most stocks will fall in real terms.
  • Interest rates will remain below the actual inflation rate.
  • Gold and Silver will give good returns.