India is expected to achieve a 7% growth rate for the fiscal year 2025, driven by a strong Rabi crop and robust domestic demand.
The timing of potential interest rate cuts will depend on factors such as inflation trajectory, supply-side risks, and the global economic landscape. The Reserve Bank of India is closely monitoring these factors and is not inclined to implement rate cuts prematurely.
The current economic environment is complex, and Jyoti Prakash Gadia, Managing Director at Resurgent India, brings over 15 years of experience in the financial services sector.