India's Finance Ministry reports a positive economic outlook for the upcoming fiscal year due to strong growth, stable inflation, and robust private consumption, despite global challenges.
India's Finance Ministry states that the country's economic outlook for the upcoming fiscal year is positive, citing strong growth, stable inflation, robust private consumption, and the prospects of a normal monsoon. Despite global headwinds and geopolitical disruptions impacting FDI inflows, India's financial position remains resilient. The inclusion of Indian bonds in the Bloomberg bond index from January 2025 is expected to attract more investment, further bolstering the economy.
March 22, 2024
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