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When we talk about the diversified economy, we come up with examples of nations that have seen various ups and downs in their economies giving them knowledge about how to change threats into opportunities. India, a nation with a population of more than 1.30 billion, is basically a service-oriented economy with the presence of a strong agriculture sector which has been growing substantially.
Inflation will remain elevated and interest rates will continue to rise. That depressing effect on asset prices will be exaggerated by lower corporate growth.