Factors influencing the bearish trend in Indian markets include appreciation of Japanese Yen against US dollar, fears of a possible recession in US and rising geopolitical tensions.
In the time of recession when companies have to carefully monitor their financial transaction, automation can be a boon for financial experts and planners making their jobs easier.
Indian economy is out-performing right now, but issues like unemployment, poor state of education & healthcare will show up in extensive stunting in children — tomorrow’s workforce.
Big tech firms have confirmed hiring pauses, Zuckerberg has hinted at layoffs and small companies have begun cutting down jobs, all citing economic trends, macroeconomic environment.
England’s consumer inflation hit a 40-year high of 9.4% in June, over 4 times the Bank’s 2% target. Putin’s weaponisation of gas supplies will drive inflation even higher, some feared.
India’s GDP is projected to contract in FY21. But as restrictions ease, supply side disruptions are addressed and demand picks up, the economy is expected to rebound.
A poor Muslim man from Kurnool, selling khoya buns during the Medaram Jatara in Telangana, was harassed by some YouTubers and surrounded by a mob over allegations of 'food jihad'.
Indian refiners are testing Venezuelan barrels again as Russian supply sinks, but analysts say volumes will remain limited due to refinery constraints & supply capacity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
Good information