Chetan Ahya of Morgan Stanley discusses the current slowdown in India’s urban economy and predicts a recovery driven by increased government expenditure. He highlights signs of improvement in rural demand and private sector capital expenditure. Despite the short-term urban slowdown, projections indicate a stabilized GDP growth rate close to 7% in the near future.
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ICICI Pru Balanced Hybrid Fund and ICICI Pru Multi-Asset Active FOF will open for subscription on June 30 and close on July 14. The minimum