India’s economy shows promising growth with controlled inflation. Consumption is strong, and incomes are rising. However, global trade issues could pose a risk. Experts suggest a balanced investment approach. They recommend government bonds for long-term gains. AAA-rated bonds offer stability. The Reserve Bank of India may cut rates further. This makes Indian debt attractive to global investors.
Broad-based revival in rural demand improvement in incomes: Nabard Survey
A NABARD survey reveals a significant boost in rural economic momentum, with 80% of households reporting higher consumption over the past year. This rise in