https://www.taxtmi.com/news?id=26126 Projected GDP growth for the coming fiscal year is driven by robust domestic demand, expanding capital expenditure, a rebound in contact-intensive services, and strengthened corporate and banking balance sheets enabling credit expansion. Public capex has crowded in private investment and stimulated construction activity, while targeted support has boosted MSME credit. Downside risks include global shocks, elevated inflation, commodity price volatility, a widening current account deficit, and potential currency depreciation, making the domestic expansion conditional on external developments and sustained private capex. en-us Tue, 31 Jan 2023 14:16:03 +0530 Tue, 31 Jan 2023 14:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26126 Projected GDP growth for the coming fiscal year is driven by robust domestic demand, expanding capital expenditure, a rebound in contact-intensive services, and strengthened corporate and banking balance sheets enabling credit expansion. Public capex has crowded in private investment and stimulated construction activity, while targeted support has boosted MSME credit. Downside risks include global shocks, elevated inflation, commodity price volatility, a widening current account deficit, and potential currency depreciation, making the domestic expansion conditional on external developments and sustained private capex. News - Tue, 31 Jan 2023 14:16:03 +0530 https://www.taxtmi.com/news?id=26126