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flag HSBC predicts India's economy will grow by 6.2%, driven by lower oil prices and strong government spending.

flag HSBC Mutual Fund predicts that India's economy is recovering, with GDP growth at 6.2% year-on-year, despite global trade uncertainties. flag Factors supporting this growth include falling crude oil prices, expected normal monsoon rains, and a more accommodative interest rate environment. flag The report highlights strong government spending on infrastructure, a recovering real estate sector, and increasing private investments in renewable energy and high-end technology manufacturing. flag The RBI is anticipated to further cut policy rates, boosting liquidity and economic sentiment.

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