The central government and the Reserve Bank are actively monitoring the stock market amid a sharp fall in the stock market compared to Cout 5. Chief economic adviser Krishnamurti is Subramanian Dr. Federal government and The Reserve Bank He added that necessary measures would be taken.
He said that the current stock market downturn is lower than that of countries in the world and the situation is likely to worsen in the next few weeks.
The number 19 virus is rapidly spreading worldwide. This has impacted the world economy. The virus first spread to China. Later, China’s production was disrupted. As a result, countries dependent on China have also faced a crisis. With the virus now spreading to other countries, the Indian stock market has fallen to its lowest level in the last 12 years. Investors have reduced Tk 6 crore in a single day.
He said, ‘The stock market is now tied to the world. Changes in the world will affect other countries as well. The Indian stock market is currently declining due to the world’s recession.
Shares in Russia, Brazil, France, Germany, Argentina, the United States, the United Kingdom and Japan fell 20 percent. Now the fear of the Coyote 19th virus has increased. That is why the stock market collapses. He said that the scene would shift quickly.
Globally, 4,300 people have died of the 19th virus in Coyote. 1.32 million people were affected. In India, 747 people were affected.
Many industries, including tourism, hotels, the movie industry and restaurants, have been infected by the virus. He said the government was actively monitoring the sector.
Federal Finance Minister Nirmala Sitharaman said yesterday that the government and the Reserve Bank are working to resolve the economic impact of the Covite-1 effect. Importantly, the RBI announced yesterday that it is actively monitoring global trends.