The Harshad Mehta bull run is one of the most intriguing chapters in the history of Indian financial markets. Harshad Mehta, a stockbroker from Mumbai, orchestrated a remarkable rise in the stock market during the early 1990s. This article delves into the fascinating story of Harshad Mehta, his modus operandi, and the legacy of the bull run that shook the Indian economy. The Rise of Harshad Mehta Harshad Mehta, born in 1954, hailed from a middle-class family in Rajkot, Gujarat. He ventured into the stock market in the late 1970s,…
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40-Year Review: US Inflation Spikes 7.5% | RajkotUpdates.News
Inflation is an essential economic indicator that measures the rise in the general price level of goods and services over a specific period. Recently, the United States witnessed a significant surge in inflation, with the rate jumping by 7.5% over the past 40 years. This alarming increase has caught the attention of economists, policymakers, and ordinary citizens. In this article, we will delve into the reasons behind this inflation surge, analyze its impact on various aspects of the economy, and discuss the implications for individuals and businesses. The Causes of…
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