The World Bank projects India's economy to expand by 6.7% annually in the next two fiscal years, highlighting strong domestic demand and infrastructure development as key growth drivers.
Raghuram Rajan downplays concerns over the rupee's depreciation, attributing it to global dollar strength.
RBI may reduce forex interventions to allow rupee depreciation, boosting export competitiveness.
India’s fiscal deficit for the financial year 2024-25 is projected to be 4.75% of GDP, according to a report by India Ratings and Research (Ind-Ra). The report also anticipates capital expenditure to reach ₹62,000 crore as the government continues its focus on infrastructure development. Sustained Fiscal Discipline Amid Economic Challenges Despite global economic
