https://www.taxtmi.com/news?id=31343 India is in a cyclical downturn driven by tighter lending, lower election-year public spending, and weaker consumption and investment; the second half of the fiscal year is expected to improve if the government increases capital expenditure and targeted rural programs while limiting additional borrowing to stabilise yields and marginally reduce the fiscal deficit. en-us Fri, 24 Jan 2025 15:01:03 +0530 Fri, 24 Jan 2025 15:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31343 India is in a cyclical downturn driven by tighter lending, lower election-year public spending, and weaker consumption and investment; the second half of the fiscal year is expected to improve if the government increases capital expenditure and targeted rural programs while limiting additional borrowing to stabilise yields and marginally reduce the fiscal deficit. News - Fri, 24 Jan 2025 15:01:03 +0530 https://www.taxtmi.com/news?id=31343