The Monetary Policy Committee (MPC) came out with its bi-monthly policy statement on February 5, 2021. Some of the key announcements are as follows.
Indian equities underperformed Emerging Markets (EMs) in January after outperformance in December. Domestically, the focus was on the December quarter earnings.
In the backdrop of a year, where the economy faced unprecedented challenges and stress due to the pandemic, this was one of the most anticipated Budgets in the last few years.
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