Reported 4 days ago
India's new Central Bank Governor, Sanjay Malhotra, expressed optimism for economic recovery in 2025, citing strong consumer and business confidence as key factors. His comments, made shortly after his appointment, outline a potential improvement in economic activity following a slowdown in the first half of 2024-25. Despite recent growth projections being revised down to approximately 6.5%, Malhotra believes investment conditions are favorable. He indicated that while the immediate outlook is brighter, medium-term challenges remain due to geopolitical tensions and rising debt levels.
Source: YAHOO