{
Dhiraj Nim

People

}

India's GDP growth slows to 5.4 percent amid calls for increased spending

India's GDP growth slowed to 5.4% in Q2, the lowest in seven quarters, driven by a significant decline in mining and subdued manufacturing. Economists urge the government to increase infrastructure and revenue spending to stimulate demand and reverse this trend, as capital expenditure fell notably in the first half of the fiscal year.
Moneycontrol
United States Dollar EY IDFC First Bank Limited ANZ BANK IND Dk Srivastava Gaura Sengupta Dhiraj Nim Show more
Finance & Economy, Market Report
15:55 29.11.2024

rbi optimistic on india growth despite concerns from economists

The Reserve Bank of India's optimistic growth forecast is driven by improving rural spending and rising private investment. However, economists express concerns over sluggish urban consumption and declining exports, warning that ignoring these issues could lead to overly tight monetary policy and hinder growth. Dhiraj Nim from Australia & New Zealand Banking Corp notes that recent macroeconomic trends do not support the central bank's predictions.
Moneycontrol
Indian Rupee Australian Dollar Australia & New Zealand Banking Corp IND Dhiraj Nim
Finance & Economy, News Article
03:14 28.10.2024
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