The central government’s capital expenditure has been on a tear India is building more and more highways and roads. Such spending is important for job creation and “crowding-in” private investments. Nonetheless, interesting shifts underpin this increase. What are those?
Indian economy is likely to continue its strong growth in the quarter to end of September, helped by a solid urban consumption and government spending, outpacing a slowing global economy squeezed. -November 29, 2023 at 07:32 pm EST
- MarketScreener
J.P.Morgan rises India s FY24 GDP forecast to 5.5% - J.P. Morgan increased its forecast for India's yearly expansion by 50 basis points to 5.5% for fiscal 2024 but stated that a global economic.
What s different this time is that global financial stress which has its genesis in four policy choices made in recent years is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.