Cheers
with The Treasure of Nature.
Wishing A Cherishing Week Ahead.
Best Regards
Arbind
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Macro-Economic News 01 Feb 2021
A never before budget is expected to bring long-term
prosperity and directionality to Indian financial health by raising the
expenditure and taking measures on easing out economic activities with a focus
on domestic capital formation. With a very comfortable tax collection in
January, India is expected to add more muscles for Atmnirbhar Bharat with a
special focus on healthcare, technology-focused rural development, agriculture,
and defense. Financial market and capital flows may get some alternations that
market may take some time to digest.
The US
is negotiating to downsize the Covid relief plan of nearly $2 trillion while
China factory recovery slows down. South Korea exports expand for a third month
in January, beating forecasts. Australia, which has also started its
quantitative-easing program, is expected to keep its key interest rate in line
with its peers central banks.
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