Question

Explain the reasons of brexit and its consequences on india

Answer 1

If Britons vote to take their country out of the European Union, reducing the politico-economic bloc to 27 members from 28, no corner of the global financial structure will remain unscathed. Market horses like currencies, commodities and equities will be the first to find their courses altered, even as economic jockeys riding them - monetary policies, bank rates and macro-economic markers - will find it hard to adapt to the altered course. Business Standard takes a look at Britain's exit (Brexit) from EU, and what lies