The Market Is Rising on Easy Money and Bold Money
The markets have been riding a major bull wave for a year now. New highs have become routine. India Inc is on a roll. Profitability has never been so good. Debt of companies has come down. Income–tax (I-T) collections and goods and services tax (GST) collections are robust. The stage is set for the next cycle of capital expenditure as the economy has bounced back from the pandemic. On...
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