India will not be affected by the problems in American and European banks. Because no major impact has not been on the Indian financial sector due to the ongoing banking crisis in the US and Europe.
it is advisable that the borrowers should approach their banks and financial institutions in case they feel any stress factor to seek their help and guidance from their banks and financial institutions at the earliest much before their loan repayment commitment starts.
Debasement of currency due to unlimited money printing & stimulus by Central Banks across the globe
With prices surging across all asset class be it bullion, gold prices we are seeing unprecedented expansion of Balance sheet of Central Banks
A pure liquidity driven market with plunging economy on Main Street has no correlation with new highs recorded in Wall Street / Dalal Street
Invest in capital markets watching data of monetary stimulus from FED
We should understand the fact that due to the pandemic situation, the whole world went on for a lockdown because heath is a major concern for any government.
Whether India becomes Atma Nirbhar or not, depends not just on how India acts but also on global developments, especially in USA, China and Europe, and the recent global Corona-virus pandemic.
The people's republic is under a three-pronged attack, and to wade it off; it needs a limited border conflict with India.
There is every possibility...
An under employed person is product of an in-efficient system, prevailing since Independence. With our expertise in governance and resource availability this problem can be handled.