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Slow Economy Despite Stock Market Boom; Fiscal Deficit Projected To Be 12.5%

by GoNews Desk Jan 24, 2021 • 04:32 PM Views 407

India's stock markets hit the 50,000-mark for the first time; despite that, the economy is in bad shape. The Reserve Bank of India has projected that the country's fiscal deficit will be 12.5% of GDP in FY 2020-21 over 7% from last year