In response to a survey conducted in March, the largest share of members of CFA Institute members said they expect a K-shaped recovery with different parts of the economy recovering in different times, rates and magnitudes. The figures for responses from South Asia, including India, are similar to the global figures with 40% of respondents in South Asia favouring a K shaped recovery. Another 36% voted in favour of a steady path towards full recovery in South Asia. I believe the most predictable bounce-back would be of a K-shaped nature, wherein different parts of the economy would recover at different rates. policies, Tax regulations, and the entire Indian financial landscape," said Vidhu Shekhar, CFA, CIPM, Country Head, India, CFA Institute.

Source: Mint July 05, 2021 08:54 UTC