INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Indian economy has grown average 6.18% over last two decades (See Annexure 3). For the same period, capital markets are giving average 14.2% CAGR, which is double the rate of growth. This phenomenon is unique in the world. Digital economy is substantiated because of Jandhan, Aadhar and Mobile trinity, more people are investing in equity markets. Ease of business due to fiscal transfers and other government expenditure is observed. Considering aforesaid points, this paper suggests a positive correlation between financial market dynamics, economic growth, and currency strength.
Keywords:
Financial Markets, Economy, Government Expenditure, Fiscal Distributions, GDP
Cite Article:
"Relationship between Economy and Financial Market", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 2, page no.b840-b845, February-2024, Available :http://www.ijnrd.org/papers/IJNRD2402200.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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