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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Indian Economy Recovering: Cement, Steel Grow, Vehicle Sales Rise; Hiring Continues Amid Job Losses, Fiscal Measures Aid Demand.</h1> The Indian economy is showing signs of recovery, with sectors like cement and steel experiencing growth. Passenger and commercial vehicle sales have increased, indicating positive trends. Despite significant job losses, a survey reveals that most Indian companies are still hiring, and salary hikes are projected. The government has implemented fiscal measures, including stimulus packages and tax cuts, to boost domestic demand. Inflation is decreasing, providing room for further monetary easing. However, challenges remain, such as a high fiscal deficit and the impact of the global recession. Continued focus on domestic demand and investment is crucial for sustained recovery.
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