India may add 16% to global GDP this fiscal: Morgan Stanley
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https://www.bizzbuzz.news/markets/india-may-add...
- Sustainable Growth - India expected to grow above 6%
- Purchasing Managers’ Index (PMI) is at a 13-year high
- Manufacturing PMI is near 11-year high
- PV sales are at 131% of pre-Covid levels
- GST collections are 35% higher than pre-Covid levels
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https://www.desidime.com/discussions/india-may-add-16-to-global-gdp-this-fiscal-morgan-stanley?page=1#post_9277481
In my opinion, Yes...!!!
Provided you hold your investment for a long term say minimum 3 to 5 years...
You will definitely going to get decent return in long term compared with the rate of return on FD or even a growth / appreciation and returns to be received on real estate...
Not doubt, there has to be a diversification of investment...
But considering are young age, we can have 50 to 70% investment in the market in the form of equity, shares, mutual fund, SIP and so on...
𝓣𝓱𝓪𝓷𝓴 𝔂𝓸𝓾...
🏻
ᴡᴀʀᴍ ʀᴇɢᴀʀᴅꜱ,
ᑕᗩ. ᗩᑎIᖇᑌᗪᗪᕼᗩ SᑌᖇESᕼ ᖇᗩTᕼI
Hadapsar, Pune, Maharashtra
Provided you hold your investment for a long term say minimum 3 to 5 years...
You will definitely going to get decent return in long term compared with the rate of return on FD or even a growth / appreciation and returns to be received on real estate...
Not doubt, there has to be a diversification of investment...
But considering are young age, we can have 50 to 70% investment in the market in the form of equity, shares, mutual fund, SIP and so on...
𝓣𝓱𝓪𝓷𝓴 𝔂𝓸𝓾...
🏻ᴡᴀʀᴍ ʀᴇɢᴀʀᴅꜱ,
ᑕᗩ. ᗩᑎIᖇᑌᗪᗪᕼᗩ SᑌᖇESᕼ ᖇᗩTᕼI
Hadapsar, Pune, Maharashtra
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https://www.desidime.com/discussions/india-may-add-16-to-global-gdp-this-fiscal-morgan-stanley?page=1#post_9278217
but i am not sure it will be go to 16% growth @aniruddha.rathi ?
https://www.desidime.com/discussions/india-may-add-16-to-global-gdp-this-fiscal-morgan-stanley?page=1#post_9278225
It's just a prediction...!!!
Practically speaking, it will certainly not happen immediately...
It is a slow, continuous process which will obviously take time...
"Rome was not built in a one day...!!!"
Practically speaking, it will certainly not happen immediately...
It is a slow, continuous process which will obviously take time...
"Rome was not built in a one day...!!!"
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https://www.desidime.com/discussions/india-may-add-16-to-global-gdp-this-fiscal-morgan-stanley?page=1#post_9282151
"A strong domestic demand and services export will offset the downside in goods export. Domestic demand is supported by healthy balance sheets." The same report says. That means we are screwed but we still managed to grow because we have a huge population and they need to eat, wear chaddi, needs a place to stay and brush their teeth.
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@bikidas2060 @justforcoupon @aniruddha.rathi @Vinayvickey what's your views on this .. should we invest more in market? @legend101