India needs ₹1,094 lakh crore to achieve an 8-9% growth rate by 2036 under the Viksit Bharat plan. Of this, ₹323 lakh crore will come from banks and ₹643 lakh crore from the equity market. Domestic savings rates must rise to 33.5%. The government aims to become a $30 trillion economy by 2047.
From India’s growth to market cycles: Key takeaways from Howard Marks’ diary
Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact