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flag India's economy forecast to grow 6.6% in 2024-25, driven by rural revival, spending, and exports.

flag The Reserve Bank of India's December 2024 Financial Stability Report forecasts India's economy to grow by 6.6% in 2024-25, driven by rural consumption revival, increased government spending, and robust services exports. flag The report highlights improved bank soundness with strong profitability and reduced non-performing assets. flag While a bumper harvest is expected to ease food prices, risks from extreme weather and geopolitical tensions remain.

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