12:34 - 20.02.2025

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February 20, Fineko/abc.az. India's economy has regained its lost growth rates, and consumption demand may improve due to easing inflation and tax incentives.

ABC.AZ informs that Bloomberg writes about this with reference to the monthly bulletin of the Reserve Bank of India (RBI).

Demand in agricultural areas is supported by good agricultural performance, while in urban areas it can recover due to increased disposable incomes and tax breaks provided for in the budget.

Goldman Sachs raised its forecast for India's economic growth by 10 basis points to 6.2% for the fiscal year ending in March, forecasting 6.3% growth for next year.