Japan’s recent interest rate increase led to market pullbacks from international investors. The unwinding of leveraged trades added volatility to US and emerging markets. Concerns about US unemployment and inflation pressures prompted these moves, despite strong corporate balance sheets and liquidity levels remaining stable.
Defence sector growth will be modest despite Budget boost: Manish Sonthalia
So, it is again going to be back ended in terms of how the growth picture looks like because FY25 is a given is a