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BENGALURU (Reuters) -India's economic recovery from pandemic-related shutdowns is at risk of a further delay in the six months that are left of this fiscal year, according to economists in a ...
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
The benchmark stock market index on the Johannesburg Stock Exchange fell by 9.3%. [265] The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. [266] 12 March was the second time, following 9 March drop, that the 7%-drop circuit breaker was triggered since being implemented in 2013. [236]
Looking at historical data back to 1929 tells us that the average bear market lasts 292 days, or just about 9 months. ... go on to set new highs over a relatively long time period. What A Market ...
The national tender volume index (OTVI.USA) has increased 4.5% since January 23. Weather has been the biggest disruption, especially in the Midwest, where temperatures have hit subarctic levels ...
India is highly dependent on indirect taxes, especially the tax levied on the sale and manufacture of goods and services that ordinary Indians depend upon. [87] The liberalization of the economy made India more vulnerable to global market forces, such as fluctuations in commodity prices, exchange rates and global demand for exports.
The stock market has bounced back somewhat during the first few months of 2023. But it has not been significant enough to repair the damage of a nearly 20% drop in the S&P 500 index last year.