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India's economy forecasts 6.6% growth in 2024-25, supported by rural spending and services, yet faces risks.
India's economy is set for 6.6% GDP growth in 2024-25, bolstered by rural consumption, government spending, and robust service exports.
The financial system is stable, with banks showing improved profitability and reduced non-performing assets.
However, the RBI flags concerns over rising write-offs in private sector banks and potential risks from geopolitical conflicts and climate change.
4 months ago
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