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2024-05-23 06:05:44

India's Credit Expansion and the Risk of a 'Minsky Moment' on Nostr: India's Economy Receives Positive Growth Forecasts, Driven by Private Investments and ...

India's Economy Receives Positive Growth Forecasts, Driven by Private Investments and Foreign Remittances
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#79ab083b ver:0.2

India's economy receives positive growth forecasts, driven by private investments and foreign remittances. S&P Global Ratings revises GDP growth outlook for FY25 to 6.8%, while Morgan Stanley raises it to 6.8% as well. ADB raises forecast to 7%. World Bank projects 7.5% growth in 2024. Indian bank credit may be restricted due to tepid deposit growth. RBI expected to cut rates by 75 bps. CEA optimistic about growth, expects 7% or more in current fiscal year. India's growth prospects are higher than global average. Policy reforms and foreign investments driving growth. #IndiaEconomy #GrowthForecasts #PrivateInvestments #ForeignRemittances...

#newstr #IndianEconomy #GrowthForecasts #PrivateInvestments #ForeignRemittances #Ecommerce

https://here.news/story/79ab083b?ver=0.2
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