Union budget 2020 hasn't offered the much-needed support to many sectors but the budget is forward looking, long term plan for better India.
Indian Stock markets are not impressed by the Union Budget presented on February 1 and have witnessed a decline.
Indian real estate sector is witnessing growth and Private Equity investments during the first three quarters of 2019 stood at USD 3.8 billion.
RBI announced monetary policy yesterday with 25 basis points repo-rate cut. The markets were expecting small rate cut but the downward revision of GDP by RBI led to decline in stock markets.
RBI Panel reduced repo rate by 25 basis points. The decision will be positive for the economy and if banks pass on the benefits, their loan book can grow.
The Reserve Bank of India reduced repo rate by 25 basis points. Considering the state of Indian economy and struggling sectors, the rate was expected by majority of economists and market experts.
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