Stage set for stronger growth, consumption in H2 FY25: RBI
RBI's report indicates a sustained economic expansion for India, fueled by GST reforms and strong GDP growth. Robust domestic consumption and investment are expected to counter global uncertainties, including US trade tariffs. Rate cuts, tax reductions, and simplified GST are projected to boost growth. Despite external risks, India's economy demonstrates resilience, supported by strong domestic demand and institutional buying.
RBI's report indicates a sustained economic expansion for India, fueled by GST reforms and strong GDP growth. Robust domestic consumption and investment are expected to counter global uncertainties, including US trade tariffs. Rate cuts, tax reductions, and simplified GST are projected to boost growth. Despite external risks, India's economy demonstrates resilience, supported by strong domestic demand and institutional buying.
