Retail Sales Of Cars: The decision of the Monetary Policy Committee this morning to keep lending rates unchanged at 6.5% would continue to badly impact the retail sales of all vehicles, especially entry level vehicles.
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Starting with Chhattisgarh and Mizoram, five Indian states hold assembly elections, setting the stage for the 2024 Lok Sabha polls. A weak coalition government is a concern for the national economy. However, excessive promises and giveaways, or the revdi culture, may impact long-term growth and fiscal deficits, potentially affecting economic fundamentals and investment.
Starting with Chhattisgarh and Mizoram, five Indian states hold assembly elections, setting the stage for the 2024 Lok Sabha polls. A weak coalition government is a concern for the national economy. However, excessive promises and giveaways, or the revdi culture, may impact long-term growth and fiscal deficits, potentially affecting economic fundamentals and investment.