Indian stock brokers clocked stellar growth in a year when the economy went into recession ...Middle East

Quartz - Economy
Indian stock brokers clocked stellar growth in a year when the economy went into recession
source : Quartz ( Middle East ) () 6
If stock brokering businesses were the benchmark for India’s economic success, no one would believe that the country is going through its worse financial crisis in decades.Over the last year, as India struggled with Covid-19 outbreaks, the country’s economy went into a recession, the unemployment rate spiked sharply, and thousands of households were pushed into poverty. Many small businesses are currently hanging by a thread.Away from this gloom and doom, stockbrokers in India have raked in millions during the pandemic.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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