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India one of the worst countries in terms of inequality India share in global trade has only marginally increased to ~3% "Given cheap valuations, a prolonged period of weak capex (i.e. futures supply tailwinds to price), pandemic disruption, an expected weaker USD, and economic recovery (with potential overshoot), remain decidedly bullish here." : Goldman Sachs Global Supply issues unlikely to resolve in a hurry Operational Creditors and NOT Financial Creditors are the biggest users of IBC Workplace mobility (7-day rolling averages) improving gradually in major Indian states UPI payments registered double digit growth in June after two lull months Both domestic and international price of rice has fallen. Source : World Bank India Industrial growth back to pre-covid levels (partly due to low base effects) Credit to large industry fell by 1.7% from 1.9% decline in Apr’21 To access our portfolios on Smallcase, click here
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