Tag: Government spending

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Ind-Ra raises India’s FY24 growth forecast to 6.7 pc from 6.2 pc

Key TakeawaysInd-Ra raised India's FY24 growth forecast to 6.7% from 6.2% due to strong fundamentals and a new private corporate capex cycle.The RBI expects...

Enhanced govt capex crowding in private investment, says Finmin report

Key TakeawaysThe government increased capex by 59.1% YoY, spurring a crowding in of private investment.Private investment is expected to flow into infrastructure projects such...