Government spending should pick up compared to first half, particularly on the capital expenditure side, and better crop prospects that also does bode well for agriculture production and rural demand, but in the overall scheme of things we do think that India is dealing with tight monetary policy, tight credit policy, tight credit conditions, and now tight liquidity conditions and you have the external environment looking a lot more hostile. So, we see downside risk to our forecast of 6.7%.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the