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2024-05-25 07:59:11

India's Credit Expansion and the Risk of a 'Minsky Moment' on Nostr: India's Growth Momentum Continues in Q1 2024-25, Supported by Strong High-Frequency ...

India's Growth Momentum Continues in Q1 2024-25, Supported by Strong High-Frequency Indicators
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#79ab083b ver:0.3

India's economy closed FY23-24 strongly despite external headwinds, and early indications suggest growth momentum will continue in Q1 FY24-25. High-frequency indicators like GST collections and vehicle sales point to a strong economy. EXIM Bank forecasts double-digit growth in merchandise exports. Positive outlook attributed to improved activity in Europe and steady US economy. Strong macroeconomic buffers will help navigate external challenges and sustain growth momentum. Farm sector shows positive indications and food prices stabilize. #IndianEconomy #GrowthMomentum...

#newstr #IndiaEconomy #FinanceMinistry #MinistryOfFinance

https://here.news/story/79ab083b?ver=0.3
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