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HSBC forecasts India's economy is nearing recovery, driven by lower rates and investment growth.
HSBC Mutual Fund reports that India's economic growth cycle is nearing its bottom, supported by factors like lower interest rates, declining crude oil prices, and an expected normal monsoon.
This outlook suggests a potential uptrend in investment, fueled by government spending on infrastructure and manufacturing, increased private investments, and a recovering real estate sector.
Despite global uncertainties and potential US tariffs, the report is optimistic about India's economic prospects.
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HSBC pronostica que la economía de la India se está acercando a la recuperación, impulsada por tasas más bajas y crecimiento de la inversión.