April 22, 2024

INDIA TAAZA KHABAR

SABSE BADA NEWS

Why Indian inventory industry likes Modi?

1 min read

Modi in very last 5 many years has led to the adhering to &#8211

Really reduced corruption at centre.Ton far more people today shelling out taxes.Fewer approaches of hiding profits due to GST, reverse charge etcetera.

All this has led to very low inflation. (inflation was 9-10% in UPA-2, when there ended up substantial amount of ripoffs and corruption at centre)

Very low inflation usually means decrease borrowing costs for the firms inevitably.Decreased interest rates also means greater fairness valuation as equity valuation is a functionality of fascination prices.

Will Modi get yet again?

Delighted Investing

Vijay

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