By Admin 
Financial service company JP Morgan has said about India that even if there is a war, India’s economy will not be affected. JP Morgan said this about the trade war and described India as safe haven in trade war. JP Morgan says that in the coming time, India will emerge as a safe haven or a safe base and there will be tremendous boom in the economy.
JP Morgan says that India’s GDP is expected to be the highest among its coverage countries. JP Morgan has expressed a positive attitude towards the emerging markets in the latest report. He overrated their ratings of their emerging market equity from neutral, which means that he is looking at the possibilities of development in emerging markets. & Nbsp;
JP Morgan has said about India that the second round of trade war can begin in the world, but in this situation India will emerge as a safe haven. In tariff war large countries increase import duty on each other’s goods, as it was between China and America in the past and both increased the tariff duty on each other to 245 %. & Nbsp;
When big countries take such steps, it gives instability in business and investors start looking for a safe place. JP Morgan believes that India can become a favorite place for such investors due to its strong fundamentals and stable policies.
JP Morgan has also said positive things about India’s economic bicycle. He says that India’s economic cycle is moving towards a positive change, for which many factors are responsible. JP Morgan has described things like cutting interest rates, increase in demand in rural areas and tax cuts as its important factor.
Due to low interest rate, loans become cheap for people and companies. In this way investment and expenses increase, which benefits the economy. Increasing demand in rural areas will have an impact on India’s economy in such a way that the large population of India lives in rural areas, if the demand increases there, then it is a big sign to increase the economy of the country. Talking about tax deduction, if the government reduces tax, then people and companies have more money left for spending and investment, which gives the country economic incentives. & Nbsp;
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