scorecardresearchEconomy moving toward sustainable growth, but the labour-intensive industry still lagging, says Ajit Ranade

Economy moving toward sustainable growth, but the labour-intensive industry still lagging, says Ajit Ranade

Updated: 02 Aug 2022, 12:35 PM IST
TL;DR.
  • Ranade said that in the K-shaped recovery, those sectors were benefitted in which work-from-home regime is not disruptive but the labour intensive sectors have not seen a surge in growth.
Rising interest rates are causing capital outflow from emerging markets (EMs).

Rising interest rates are causing capital outflow from emerging markets (EMs).