India’s Q2FY25 GDP growth surprised negatively at 5.4% YoY (below estimate of 6.6%). The deceleration in growth is led by moderation in investment spending at 5.4% YoY compared with 7.5% YoY in Q1.
Calls for a CRR cut have intensified amid tight liquidity in the banking system and the slowdown in GDP growth. A CRR ...
India's swelling urban middle class has been the engine of its growth for far longer than government capex has ...