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2024-05-25 06:59:16

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:0.28

India's economy ended FY23-24 on a strong note and is expected to continue growing in Q1 FY24-25, supported by positive high-frequency indicators. The Ministry of Finance report highlights strong GST collections, e-way bills, vehicle sales, and digital transactions. EXIM Bank forecasts double-digit growth in merchandise exports. Improved economic activity in Europe and a steady US economy contribute to the positive outlook. The report emphasizes the farm sector's positive indications and stable food prices, while India's macroeconomic buffers will help sustain growth momentum. #IndianEconomy #GrowthMomentum...

#newstr #India #Economy #Growth #HighfrequencyIndicators

https://here.news/story/79ab083b?ver=0.28
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