India’s 2023-24 growth to remain strong amid easing inflation: RBI annual report

  • Positive factors include sound macroeconomic policies, softer commodity prices, and robust financial sector.
  • Downside risks include global growth slowdown, geopolitical tensions, and financial market volatility.
  • Inflation predicted to drop to 5.2% from last year’s 6.7%, and currency exchange rate to remain stable.

[Via]

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