Tag: India economic outlook

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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...

India services PMI eases to 58.5 in June from 61.2 in May

Key TakeawaysThe services PMI eased to 58.5 in June, confirming continued expansion despite slower growth.New business volumes rose, supporting a boost in employment and...