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Glide path for India is clear
However, It is important to understand that China’s economy is . . .
14 November 2024 · Thursday
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Glide path for India is clear
India is currently the fifth-largest economy in the world in terms of nominal GDP. As of now, the United States, China, Japan, and Germany are ahead of India, with the U.S. and China significantly larger.
While it’s tempting to compare India with China, it’s important to understand that China’s economy is currently five times larger than India’s. However, India can learn from China’s best practices, particularly in growing its per capita income, and apply these lessons for future growth.. . . . .
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Staying with right sectors
Over the past five years, certain sectors in the market have seen incredible growth. From October 2019 to October 2024, there has been a significant shift in which sectors are leading the market.
The Nifty Realty sector stands out with the highest performance, showing a 38.59% XIRR (Extended Internal Rate of Return). Other strong performers include public sector enterprises, PSU banks, autos, and metals, each delivering impressive returns.. . . . .
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