Where are the stairs going ? - Indian Economy
Where are the stairs going ? - Indian Economy When i am writing this post, Dalal Street was crashed and recovered a little (Negative), but not completely. Yet the fear due to on upcoming Elections. It's not only for India in the Stocks, but for the Wall Street too. Wall Street makes a record with the biggest drops because of the continuation on rise of Treasury Yields. The US economy was also induced on Global Bond sell off. However the US economy numbers were said that the Unemployment rate comes down to 3.7 percent from 3.9 % (September 2018). The Long term unemployment rate was also reduced to 0.82 % from 0.88 percent. Whereas the Growing and developing country's Unemployment rate (India) had raised to 6.61 percent from 6.32 % which it was in August, 2018. For the front, more people are taking their bag for the Entrepreneurship, on the other side it worries due to the unemployment numbers. Dollar-Rupee conversion support is not a good health for the growing country. This ...