So the growth in the bank credit is not going to corporates, manufacturing or infrastructure sector. It is actually going to the individuals which is actually getting leveraged. So I do not see this as a very strong growth indicator.
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and
Jefferies’ Chris Wood criticizes Trump’s sweeping new tariffs, calling April 2 “an impoverishment day.” With steep levies on key Asian economies, analysts warn of global
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