RBI waves Red flag over 100.7% surge in Index prices pinpointing 8% GDP Contraction

In its annual report for 2020-21, RBI noted that India”s equity prices have surged to record highs, with the benchmark index Sensex crossing the 50,000 mark on January 21, 2021 to touch a peak of 52,154 on February 15.   This represents a 100.7 per cent increase from the slump just before beginning of the … Continue reading RBI waves Red flag over 100.7% surge in Index prices pinpointing 8% GDP Contraction