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Corona virus significant impact on global and Indian economy
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The Indian economy was passing through a very turbulent stage in the last u0007 months. With GDP growth less than u0001 % the domestic markets witnessing stress across sectors, the overall consumption story has definitely slowed down. With domestic consumption slowing down, the overall growth in global markets was what most Indian companies were looking at exploiting. In order for the Indian growth to get back on track export of goods and services was a major source of overall growth.
There has been a big disparity being witnessed with the Indian economy and the stock market, whereby the Indian economy is growing at a very slow pace, however the stock markets are at an all- time high.
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