Festive demand will help shrug off temporary slowdown, says RBI report
- Posted on October 21, 2024
- By Business News Today
- 1 Views
Festive demand will help shrug off temporary slowdown, says RBI report
Aggregate demand in India is expected to recover in Q2 2024-25 due to rising festival demand and improved consumer confidence, supported by an optimistic investment outlook and government capex. However, geopolitical tensions, commodity price hikes, and food inflation pose risks to this recovery.
