"In India, aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves," said the report released on Monday. According to the report, India's growth outlook is supported by robust domestic drivers despite geopolitical tensions.
STATE OF THE AFFAIRS
■Rural demand is likely to get a boost from the improved agricultural outlook
■The time for private investment is now; delay risks a loss of competitiveness
■Slowdown in credit card transactions as lenders are adopting caution in view of risks flagged in unsecured loans
■Retail credit growth has moderated as lenders have tightened personal loan supply
Denne historien er fra October 22, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra October 22, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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