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India economy news: Fresh capex by India Inc to fuel next leg of growth: RBI bulletin

The Reserve Bank of India (RBI) has stated in its monthly bulletin that the Indian economy is sustaining the momentum achieved in the first half of the current financial year. RBI Governor Shaktikanta Das noted that the investment cycle in India is gaining steam, driven by sustained government capex, rising capacity utilisation, increased flow of resources to the commercial sector, and policy support from schemes like the production-linked incentive (PLI scheme). ....

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