https://www.taxtmi.com/news?id=29279 Economic growth is projected to recover in the latter half of the fiscal year driven by domestic demand, festival activity, rural consumption and public expenditure, with central bank projections anticipating stronger GDP expansion in upcoming quarters. Easing inflation is expected to create scope for a near term interest rate cut, which would boost private demand and investment if macrofinancial conditions remain stable. The government's commitment to fiscal consolidation and improved public spending quality is noted, while geopolitical tensions and market volatility are flagged as material downside risks. en-us Wed, 01 Jan 2025 10:46:03 +0530 Wed, 01 Jan 2025 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29279 Economic growth is projected to recover in the latter half of the fiscal year driven by domestic demand, festival activity, rural consumption and public expenditure, with central bank projections anticipating stronger GDP expansion in upcoming quarters. Easing inflation is expected to create scope for a near term interest rate cut, which would boost private demand and investment if macrofinancial conditions remain stable. The government's commitment to fiscal consolidation and improved public spending quality is noted, while geopolitical tensions and market volatility are flagged as material downside risks. News - Wed, 01 Jan 2025 10:46:03 +0530 https://www.taxtmi.com/news?id=29279