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Macro Economy 

Share insightful expert analysis and opinions on Indian and global economies - GDP growth, inflation, fiscal deficit, disinvestments etc. Please post stock related news in their respective stock forums or in Nifty-50.
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Reputation: 17,641 • Jul 5 4:31 AM

Macro Economy - 985085
The unemployment rate in India fell to its pre-lockdown level of 8.5% in the week ended June 21 from the peak rate of 23.5% in April and May. Positive signal overall. It would be interesting to see in upcoming months.
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Recent posts in Macro Economy
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Ballooning fiscal deficit is a grave issue for the govt
The fiscal deficit for April to June touched ₹6.62 trillion. It’s already at 83.2% of the budgeted fiscal deficit for the current financial year. This is the highest deficit during the first three months as a proportion of the budgeted annual deficit, in the past 24 years. Mint takes a look.
Livemint
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U.S. Small Business Bailout Money Flowed to Chinese-Owned Companies
Millions of dollars of Paycheck Protection Program loans went to China-backed businesses in critical sectors, a study found.
www.nytimes.com
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Top Federal Reserve official says US needs another lockdown to save economy
The government should again impose strict coronavirus-related lockdowns for a month or longer across the U.S. in order to boost the economy, a top Federal Reserve official said Sunday. 
TheHill
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*India’s move to lure Electronics biggies*
In this age, taking a 360 degree view of the room, everyone would notice that we are surrounded by electronic items. They have become an essential part of our daily life and are going to have an even greater impac...
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With eye on China, India looks to increase barriers on imports from Asia
The moves will mainly target imports of base metals, electronic components for laptops and mobile phones, furniture, leather goods, toys, rubber, textiles, air conditioners and televisions, among other items
@BT_India
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