Despite cyclical downturn in India, govt unlikely to unleash any fiscal stimulus measures: Report

January 14, 2025

India is experiencing a cyclical economic downturn with projected GDP growth of 6.1% for FY25 and FY26. While rural growth shows improvement, the government is expected to maintain fiscal discipline, and monetary policy remains cautious. Private capex sees encouraging signs, driven by various initiatives.

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Despite a recent global AI-driven market shift, domestic equities are poised for recovery. Improved Indian macros, including interest rate and tax benefits, are creating a

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