The Financial Forum
Your weekly doze of Finance.
Posting its BIGGEST SINGLE DAY GAIN in a decade, both, the SENSEX and NIFTY gained 5.32% each on Friday. Backed by the 4th stimulus package introduced by the FM, both the indexes made investors richer by a whooping Rs. 7 Lakh Crore. All in one day. The highlight of the Package? Lowering the Corporate Tax… Read more
In yet another blow to the economy, the GDP growth rate for the second quarter of 2019 clocked in at 5 % which was way below the already low expectations of 5.6 – 5.8%. This has been the 6th straight QoQ fall in the GDP Growth Rate after its peak of 8% in January 2018.… Read more
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