The current growth rate is 10% when the base year's growth rate was -24%, so the total growth rate would be 24% plus 10% equals 34%... Though using the same base year to calculate future growth rate, a 4-5% growth rate would mean 40% growth rate...
Low and stable inflation and interest rate are important for low and stable inflation and interest rate expectations and spending, both, consumption and investment...
Prices or inflation expectations depend upon current price or inflation... If investors see high prices or inflation they expect higher inflation and demand more and hold or lower supply, which reinforces higher prices or inflation or if they see lower prices they expect lower prices or inflation and increase supply and hold or reduce demand, which reinforces low prices or inflation...
People should sell stocks only if they need the money... Investors’ expectations themselves are creating highs and lows, if they expect a correction they either wait to buy or sell which actually lowers the stock price and if they expect appreciation they buy or hold supply which again increases the stock price...
And, investors shall buy low and sell high, only then it would be profitable... Both, low and high price expectations movements are important for investment decisions and returns... Estimated or expected earnings due to higher prices or inflation and margins are pivot for increasing investment demand... Any significant correction would be an oppourtunity to lower average cost and increase returns in the short run and longrun, too...
Moreover, any big correction is very unlikely in the short run... we have limited time period... Long run has moretime to be uncertain and for deep corrections...
Bitcoins and others fate would be decided by how many countries and ultimately markets and people accept it as a medium of exchange and investment... It could be a cost effective way facilitating exchange... The fear that it is an easy way for illegal transaction is overdone as it has foot-prints on the worldwide internet... like digitsation of bank accounts... It is still out the purview of tax, and regulation and tax is important and good for its future ... The US has not ban cryptos and the Fed itself is likely to introduce its digital currency...
BJP won the last election on the pyres of Martyrs' of Pulwama and the action taken after that which was an acute failure in intelligence, how did they got so far in the country (terrorists)...? No one is safe as far as corruption is not weeded... Terrorist attacks are still normal in Kashmir... Cease fire violation continues...
Modiji must improve human capital infra by imparting skills and specialisation which are likely to improve competitiveness and productivity and more demand without which the demographic dividend would be lost... The government must liberalise FDI in education and skilling...
