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flag India's economy shows recovery with strong credit, manufacturing, and consumption, despite mixed rural signals.

flag Recent policy actions in India are boosting economic activity, with credit growth at 12% and deposit growth at 12.7% year-on-year, supported by strong manufacturing, industrial production, and urban consumption. flag Auto sales, fuel use, airline traffic, and hiring remain robust. flag Rural indicators show mixed results, with better monsoon and rising tractor sales offsetting low farm prices, while food inflation may rise due to base effects. flag Government spending remains high, though capital expenditure could slow. flag Overall, the economy shows signs of recovery and resilience.

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