Based on data and studies, the SBI economists said, “… in hindsight, the pandemic may have been a leveller in terms of inequality with the poor getting protected through measures such as food transfers.” It said India has delivered a sharp recovery after the pandemic and acknowledged that critics are still quoting it as a K-shaped recovery for India.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating