New Delhi, April 26 -- India's economy is poised to expand by 6.5 per cent in the current financial year, according to EY's latest Economy Watch report released on Friday.
This growth is expected to be supported by falling crude oil prices and manageable inflation levels, even as global trade tensions rise and the international economy slows down.
The report outlined four key global factors shaping India's growth outlook: reduced exports, a global slowdown, declining crude oil prices, and a glut in global production capacities.
"With suitable fiscal and monetary policies, India may be able to sustain a real GDP growth at about 6.5 per cent in FY26 as also in the medium term, while maintaining a CPI inflation below 4 per cent," said D K...
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