Times of IndiaLean R·
India on track for 6.5-7% real GDP growth this fiscal, earnings seen accelerating
India anticipates 6.5-7 percent real GDP growth this fiscal year. Bank credit expansion signals strong economic momentum and business activity. Domestic demand remains firm, evidenced by rising GST and power consumption. Corporate earnings growth is projected to accelerate to seventeen percent. Energy price risks persist, though India diversifies its crude oil sources.
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