Indian Economy: Green Shoots Point Toward an Uptick
Indian Economy: Green Shoots Point Toward an Uptick
With crude oil prices falling and foreign travel also declining, demand for dollar outflow has gone down, thereby reducing the oil import bill and saving precious foreign exchange for the country. Also, a cut in corporate tax rates last year has worked favorably and helped in increasing forex reserves.
Jagadish Shettigar
Pooja Misra
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