55% of economy continues to grow positively: HSBC
The Free Press Journal|November 25, 2024
The report analysed 100 indicators which hint at a cooling of sentiment
55% of economy continues to grow positively: HSBC

Despite the fluctuations, majority 55 per cent of the Indian economy continue to grow positively, a report by HSBC Global Research said.

The report added that after a period of rapid stock market gains and impressive GDP growth, the Indian economy appears to be settling into a more moderate phase.

The report which analysed 100 indicators of growth added that while a majority, represents a decline from 65 per cent just a quarter ago, hinting at a cooling of sentiment.

As per the report certain sectors are outperforming, and long-term prospects are promising.

This story is from the November 25, 2024 edition of The Free Press Journal.

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This story is from the November 25, 2024 edition of The Free Press Journal.

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