“The major reasons cited for India’s growth prospects in FY25 include robust public investment/ capex push by the government, sustained growth in business and consumer confidence, and strong services sector, among others,” industry body PHDCCI said in a statement quoting Sensarma.
India back at no.6 in m-cap league after Korea stock rout
India has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea’s market cap saw a significant drop.