The 2024 budget has announced several key policies, many of which have been accepted with good riddance. With inflation beginning to show signs of easing from 7.7 % to 6.8%, the macroeconomic outlook appears to be on course for good growth in the current fiscal year
India is expected to outperform with capex expenditure accounting for 3.3% of India's GDP, boosting growth in India and reducing dependency on major global economies.
Here's our monthly outlook right from the research desk on what the way ahead could look like for the intelligent investor!
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