The economy of India started its downward movement even before the pandemic, mainly due to a crisis in its shadow banking sector. Then COVID-19's massive shock led to its biggest-ever contraction.
IMF this week estimated an 8.2% growth in India's economy.
In the intricate world of investing, where fortunes are made and lost on a daily basis, astute investors understand that hidden gems often lie beneath the surface. These overlooked opportunities, often overshadowed by noise and chaos in the market. These opportunities have the potential to unlock substantial wealth for those who delve to explore this optionality.
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Sea Limited (NYSE: SE) may finally benefit from its role as the premier e-commerce conglomerate in Southeast Asia.Much like Amazon in the U.S. and MercadoLibre in Latin America, it is the leading e-commerce company in its respective region. That helped the stock peak above $372 at the height of the 2021 bull market.Unfortunately, missteps such as expanding Shopee's e-commerce operations outside.
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The internet has changed how people can work and earn money. And perhaps no other business exemplifies the rise of this so-called gig economy quite like Uber (NYSE: UBER) does. This tech-forward ride-hailing and delivery outfit has become a massive $138 billion business in 15 years.But it hasn't been a smooth journey. Shares are down 20% from their all-time high (as of May 15).
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