India Ratings Raises Sovereign GDP Growth Estimate for FY25 to 7.1%
India Ratings and Research have revised upward their GDP growth estimate for FY25 to 7.1%, citing strong government expenditure, improved corporate and banking sector balance sheets, and a budding private corporate capex cycle. However, they caution that growth could be constrained by factors such as uneven consumption demand and export challenges due to global economic …
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