We don’t expect rate cut in 2024 unless growth or inflation surprises on downside: Tanvee Gupta Jain

June 6, 2024

I think the political outcome was suggesting that there is kind of a weak sentiment at the lower end of the income pyramid. And whether we accept it or not but India has seen a K-shaped consumption recovery post the pandemic. So, most of the high frequency data that we track are clearly indicating that affluent, premium segment demand in India has been doing well.

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